Steel Price News from MEPS (International) Ltd.
  Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
 
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
Steel Consultancy
MEPS World Steel Prices
Independent Studies
Request Free Publications
Steel Statistics
MEPS Index Steel Prices
Subscribe to Publications
MEPS Steel News
Industry News
MEPS Sponsored Events
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Contact Us
Site Map
 
World Carbon Steel Price
World Carbon Steel Price Index
EU Carbon Steel Price
EU Carbon Steel Price Index
Asia Carbon Steel Price
Asia Carbon Steel Price Index
North American Carbon Steel Price
North American Carbon Steel Price Index
Flat & Long Carbon Steel Price
Flat & Long Carbon Steel Price Index
All Products Composite Steel Price & Index
Stainless Steel World Price
Stainless Steel World Price Index
EU Stainless Steel Price
EU Stainless Steel Price Index
Asia Stainless Steel Price
Asia Stainless Steel Price Index
North American Stainless Steel Price
North American Stainless Steel Price Index
Home > MEPS Steel News - 10.08.2015

TURKISH STEEL MARKET ROUNDUP FROM MEPS INTERNATIONAL LTD

Hot rolled coil selling figures have decreased in Turkey, according to MEPS. Both domestic and overseas demand is lacklustre.

Confidence, in the commodity plate market, has weakened. Cautious stockists are expected to pursue conservative procurement programmes in the short term

Wire rod transaction values have been cut. Turkish buyers still preferred to delay bookings, in anticipation of further price concessions from domestic suppliers. Meanwhile, underlying demand for structural sections has stalled.

Rebar selling figures have continued to decline since late June, shadowing the fall in the cost of key steel making raw materials – particularly, ferrous scrap and imported billet. End-users have begun to press for lower prices, in view of the downward movement being witnessed in other global steel markets.

Negative price expectations have gained momentum for merchant bar. Local end-users have deferred bookings, in anticipation that no price trend reversal will happen in the near term.


Source: MEPS - Developing Markets Steel Review - July Edition

Free Sample copy of Developing Markets' Steel Review

 

 

Sign up for free MEPS steel news alerts

Enter e-mail address *Required

Name:      


Company: 
If you are a journalist please tick here: