TURKEY COATED FLAT STEEL: Prices stable but buyers expect discounts

Prices for coated steel coil products in Turkey were mostly stable in the week ended Friday September 14, with export buyers expecting discounts, Metal Bulletin heard.

Demand in the local market was slightly better toward the end of the week, after the Turkish lira started to regain some of its lost value since the country’s Central Bank increased the interest rate on September 13. The lira has lost a significant amount of value since early August, when political tension between Turkey and the United States worsened...

Published

Serife Durmus

September 14, 2018

19:20 GMT

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