TURKEY FLAT STEEL: Prices up, further rises expected

Flat steel prices in Turkey increased this week - on strong demand for domestic, import and export material - and further prices rises are expected, market participants told Metal Bulletin on Friday December 15.

Demand was strong, especially for locally produced flat steel, and producers have almost filled their order books for February 2018 production, sources said. Domestic prices Hot-rolled coil (HRC) producers in Turkey have been offering material at $600-610 per tonne ex-works for February 2018 production. Deals were made at $600-610 per tonne ex-works for February 2018 production, mostly to re-rollers and tube & pipe producers. “Mills are not accepting new orders now. This means they will increase...

Published

Serife Durmus

December 15, 2017

16:31 GMT

Bursa