Revival in purchasing activity in Turkish steel mesh market

Friday, 16 August 2013 16:56:53 (GMT+3)   |   Istanbul
       

SteelOrbis has been informed by market sources that prices for 6 mm steel mesh in the Turkish domestic market have remained unchanged in the past two weeks and are still standing at TRY 1.29-1.31/kg ($666-676/mt) ex-works, exclusive of VAT.

Market players state that a revival has started in purchasing activity since the begining of this week and they expect that the rise in purchasing activity will continue in the coming days.

As for the export side, ex-Turkey offers for steel mesh to Turkmenistan are at $680-700/mt FOB, while offers from Turkey to Brazil are at $740-750/mt FOB.

$1 = TRY 1.937


Similar articles

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab

Turkish longs mills try to avoid export discounts, sales challenging

24 Apr | Longs and Billet

Local Turkish official wire rod prices stable, demand sluggish

24 Apr | Longs and Billet

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

Local Chinese longs prices rise further, but at slower pace

22 Apr | Longs and Billet

Mexican wire rod production down 0.5 percent in February

19 Apr | Steel News