TURKEY FLAT STEEL: Prices mostly stable, demand still weak

Domestic and import prices for steel coil products in Turkey were mostly stable this week with demand remaining weak, sources told Fastmarkets on Friday December 7.

“I believe prices will remain stable [through] December because changes will not improve demand,” a source said. “Europe is already in holiday mode,” he added. Fastmarkets' weekly price assessment for Turkish domestic hot-rolled coil was unchanged at $520-525 per tonne ex-works. Mills were offering HRC at $530 per tonne ex-works for late-December and early-January production, and deals were made at $520-525 per tonne ex-works. Fastmarkets' weekly price assessment for Turkish domestic...


Serife Durmus

December 07, 2018

14:51 GMT