TURKEY FLAT STEEL: Prices largely firm but domestic demand still weak

Sentiment in Turkey’s flat steel market remained negative over the week ending Friday October 5, with buyers hesitant to book material, while prices were mostly stable, sources told Fastmarkets.

Turkish producers were offering flat steel for November production, with several bookings heard at reduced prices.
Domestic prices
Producers have been offering hot-rolled coil (HRC) to the domestic market at $570 per tonne ex-works, and a few deals were heard at $560-565 per tonne ex-works this week.

Fastmarkets’s weekly price assessment for Turkish domestic...

Published

Serife Durmus

October 05, 2018

16:00 GMT

Bursa