Middle East steel prices remained quite with residual activity during Ramadan holidays although nearing end. Revival in the prices of long products is expected in the coming weeks with the culmination of Ramadan as stockiest vie to replenish depleted stocks.
1. Turkish exports - Stagnant
Product Grade Size mm Change
Billets SAE 1008 125 x 125 0
Rebars BSt500 8 to 32 0
Wire Rod SAE 1008 5,5 to 16 0
Change is on September 24th as compared to September 17th 2009
Change is in USD per tonne
3. Turkish imports - HR weakens
Product Grade Size mm Change
Scrap A3 500x500x1500 0
Billets 3Sp/Ps 125x125 0
HRC S235JR 3-12x1000-1500 -10
PLTS S275JR 10-40x2500-3000 0
Change is on September 24th as compared to September 17th 2009
Change is in USD per tonne
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(Sourced from www.steelprices-middleeast.com)
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