Scrap price trend likely to shape CIS billet export offers

Wednesday, 24 July 2013 16:25:14 (GMT+3)   |   Istanbul
According to market sources, ex-CIS billet offers have remained stable since last week at $505-510/mt FOB, while sales for August rolling are about to be completed. Meanwhile, CIS billet deals have been concluded in the Middle East and North Africa in the range of $510/mt FOB in the past week, while the latest ex-CIS deal in Turkey has been concluded at $520-530/mt CFR.

On the other hand, if the global scrap price trend continues to move upward, CIS billet export offers for September will likely indicate increases.

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.   

Marketplace Offers

Scrap
Ferrous
AHMAD ALI HUSSEIN KHALIFEH SONS. CO.
Scrap
Non Ferrous Scrap
AHMAD ALI HUSSEIN KHALIFEH SONS. CO.
Scrap
Ferrous Scrap
MEH ZRT. RECYCLING

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