TURKEY FLAT STEEL: Local demand poor but HRC exports stay strong

Low demand in Turkey’s internal markets for flat steel products has stifled any chance of significant price movements this week, although the export demand for hot-rolled coil (HRC) remains strong, sources told Metal Bulletin on Friday July 27.

Domestic producers are now offering material from October production, and have made some deals for exports.
Domestic prices
HRC producers in Turkey are offering material at $625-650 per tonne ex-works from October production, but buyers believed that $620-625 per tonne ex-works was a workable price.

Metal Bulletin’s weekly price assessment for Turkish...


Serife Durmus

July 27, 2018

15:22 GMT