TURKEY FLAT STEEL: Local prices dip but import prices hold steady

Some flat steel prices in Turkey’s domestic market fell slightly this week, while import prices were mostly stable, market participants told Metal Bulletin on Friday February 2.

Local producers are accepting orders for April, but demand was not strong this week because buyers expected prices to come down. Besides, retail prices are still lower than producer prices, sources said. Domestic prices Hot-rolled coil (HRC) producers in Turkey have been offering material at $630-640 per tonne ex-works for April production. And deals have been heard at $630 per tonne ex-works, sources told Metal Bulletin. In the retail market, HRC was available at $610 per tonne. Metal...

Published

Serife Durmus

February 02, 2018

17:32 GMT

Bursa