TURKEY COATED FLAT STEEL: Prices fall, demand weakens as lira slides again

Prices for coated steel coil products in Turkey decreased in the week ended Friday August 31, with sentiment turning negative after the Turkish lira started to lose further value after the week-long Eid al-Adha religious holiday of last week.

Demand in local and export markets was weak and some producers decreased their prices.

The lira was trading at TRY100 to $15.07 on August 31. It had been trading at TRY100 to $19.64 on August 6, compared with TRY100 to $21.58 on July 6, and TRY100 to $28.97 on August...


Serife Durmus

August 31, 2018

16:20 GMT