9,179.48 TL BIST 100 BIST 100
31.13 $ USD USD
€33.79 EUR EUR
44.36 TL Interest Interest
83.30 $ Fossil Oil Fossil Oil
22.41 $ Silver Silver
3.84 $ Copper Copper
115.68 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,041.87 TL Gold (gr) Gold (gr)

It will continue to strengthen on high raw material prices and strong demand

Asia and Pacific steel prices will continue to strengthen on high raw material prices and strong demand.

It will continue to strengthen on high raw material prices and strong demand
According to market participants, although U.S. inflation is still higher than market expectations, short-term steel prices will be supported by high coal and rebar prices and recovering market demand in China.
In addition, all three major steel mills in Asia, including Taiwan's China Steel Corporation (CSC), China's Baoshan Iron & Steel (Baosteel) and Vietnam's Formosa Ha Tinh Steel Corporation (FHS), have announced price increases.
Based on the current market situation, market participants said that China's demand is gradually increasing, although the strengthening US dollar is not conducive to the price trend of iron ores and metals. In addition, the cost of raw materials for steel production remains high, which will ensure that steel prices remain tight.


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