Recently due to weak overseas demand and fierce market competition, the Turkish steel export price continued to decline. Last week, the Turkish sheet export price fell by USD 5-10 / ton, HRC quoted at USD355-365 / ton (FOB), cold roll coil quoted at USD460-470 / ton (FOB). Long steel market turnover is also very light, price to the UAE's rebar fell to USD 380-385 / ton (FOB, solid weight), to the United States of rebar fell to USD375-385 / ton (CIF, Houston). Market participants expect that the strong recovery demand overseas won’t appear in the short term, prices will continue to be weak run.

                                                             XINSTEEL NEWS