Local Chinese pipe prices mostly indicate slight decreases
Post Content
Today, January 6, Turkish domestic rebar spot prices have risen by TRY 250-300/mt, with minor changes on US dollar basis.
Indian hot dip galvanized (HDG) coil exporters have cut their prices to take an aggressive position.
Post Content
2021 was a positive year for the Asian steel market with steelmakers’ profits on the rise and prices fluctuating at much higher levels.
Despite the pandemic, economic difficulties, sky-high freight rates and higher costs, Turkish longs producers strengthened their positions in 2021.
While the positive sentiment in Turkey’s import scrap market continues, an ex-US scrap deal has been disclosed.
Turkish suppliers are following diverse trends in their wire rod pricing this week.
In the first week of the New Year, import scrap activity in Pakistan has remained mainly muted.