TURKEY FLAT STEEL: Local prices mostly stable but import prices fall

Most flat steel prices in Turkey’s domestic market were stable this week, while import prices have decreased, market participants told Metal Bulletin on Friday January 19.

Local producers are accepting orders for March and early-April production, but demand was not strong this week because buyers wanted to wait to see whether the price increases will continue. Besides, retail prices fell this week, sources said. Domestic prices Hot-rolled coil (HRC) producers in Turkey have been offering material at $630-640 per tonne ex-works for March and early-April production. And deals have been heard at $620-630 per tonne ex-works, sources told Metal Bulletin. In the retail market, HRC was available at...

Published

Serife Durmus

January 19, 2018

14:24 GMT

Bursa