Market players look forward to seeing whether steel
plate demand in
Turkey, which remained limited prior to the general election on June 12, will show any improvement in the post-election period.
In the current month, Ukrainian steelmaker Alchevsk Iron and Steel Works (Alchevsk) has not given any steel
plate offers to
Turkey, since it has already filled its order book for its reduced steel
plate output, while it has increased its slab sales. The producer' steel
plate offers to
Turkey were at $790/mt CFR last month.
In the meantime, SteelOrbis has learned from market sources that steel
plate offers to
Turkey from another Ukrainian producer
Ilyich Iron and Steel Works of Mariupol (
Ilyich) stand at $790-800/mt CFR, for July rolling.
Macedonian mill Makstil's steel
plate offers given to
Turkey have increased over the previous month to $950-960/mt CFR, while Bulgarian steel producer Stomana is expected to issue its new steel
plate export offers. Last month, Stomana's steel
plate offers to
Turkey were at €590/mt ($853/mt) CFR.
Finally, SteelOrbis has been informed that Turkish integrated steel producer
Erdemir is offering steel
plate to the local market at $820/mt ex-works.