Section steel prices slide in southern Europe
Thursday, 24 Jul 2008
It is reported that the demand for section steel from Turkish mills for middle and small size remains weak in southern Europe.
As per report, the price of section steel with size of 140mm or less was being quoted at TRY 1,610 to TRY 1,710 per tonne (USD 1,354 to USD 1,439) EXW Turkey.
The export price for August shipments was FOB USD 1,350 to USD 1,360 per tonne last week and that of flat steel was quoted at USD 1,360 to USD 1,370 per tonne FOB.
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