TURKEY FLAT STEEL: Some prices up, demand still weak

Some flat steel prices in Turkey’s domestic and export markets have gone up this week, but demand was still poor, market participants told Metal Bulletin on Friday April 20.

Buyers were not expecting any further price increases, because there has been no sign of an improvement in demand and the products booked now will be delivered in June at earliest, which is the start of summer holidays in Turkey and its export markets. Domestic prices Hot-rolled coil producers in Turkey have been offering material at $630-645 per tonne ex-works for June production, and some deals were done at $630 per tonne ex-works. Buyers were bidding $610-630 per tonne ex-works. Metal Bulletin’s weekly price...

Published

Serife Durmus

April 20, 2018

14:51 GMT

Bursa