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Steel rebar and wire rod prices gain at Black Sea for export to MENA but future trend unclear
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Saturday, 26 Nov 2011
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It is reported that finished longs market at Black Sea, although slower, exhibited stability in prices with general levels increasing by USD 5 per tonne.

A few deals reported, but rebar is in the range USD 620 per tonne to USD 640 per tonne FOB to MENA.

Wire rod from key suppliers mostly around USD 650 per tonne to USD 660 per tonne FOB, but lower rates are also heard.

If volatility in steel prices is affecting your business, keep tab on market realities and trends by subscribing to www.steelprices-middleesat.com, which is a comprehensive service for tracking real time domestic steel prices and trends in Middle East.

The scope of service includes
1. Domestic pricing information in UAE, Saudi Arab, Qatar, Kuwait and Bahrain
2. Export levels from Turkey, Rotterdam, China, India and Black Sea

The service is specifically designed to assist steel makers, traders, users and others connected with the industry to keep track of real time prices prevailing in the market and thus comprehensively evaluate steel pricing trends in the trend setting region

Products covered
1. Long Products
2. Flat Products

The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.

How to subscribe
1. Register at www.steelprices-middleeast.com and pay on line or ask for invoice
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(Sourced from www.steelprices-middleeast.com)

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