TURKEY FLAT STEEL: Prices dip on weakening demand

Flat steel prices in Turkey’s domestic market went down slightly this week, while import and export prices were unchanged amid weak demand, market participants told Metal Bulletin on Friday March 16.

Local producers were fully booked until June. Domestic prices Hot-rolled coil (HRC) producers in Turkey have been offering material at $670 per tonne ex-works for late-May and early-June production, while buyers were bidding $660-665 per tonne ex-works. Deals were heard at $670 per tonne ex-works for May production. Metal Bulletin’s weekly price assessment for Turkish domestic HRC was $665-670 per tonne ex-works on March 16, down from $670-680...

Published

Serife Durmus

March 16, 2018

15:16 GMT

Bursa