Also, it should be considered that some mills may give offers below these levels depending on their stocks.
Offers in the local Turkish merchant bar market have been adjusted this week on the back of the rapid strengthening of the US dollar against the Turkish lira. Market players state that demand levels for the higher prices are currently weak. If the strengthening of the US dollar against the Turkish lira continues in the coming week, new bookings are then expected to be concluded before the market rises further.
US$1 = TRY 2.00
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.