Wednesday, 10 July 2013 15:35:06 (GMT+3)
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Istanbul
Having received increased demand from the global markets, ex-CIS billet offers have indicated an increase of $5/mt on the higher end since last week to $500-510/mt FOB. On the back of the upward trend of the scrap market, CIS mills have started to raise their offers and are aiming to keep their prices at $510/mt FOB. Some deals will likely be concluded in the coming days.
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.