TURKEY COATED FLAT STEEL: Prices fall while buyers await further cuts

Prices for coated-steel coil products in Turkey decreased in the week to Friday January 11 with demand remaining limited.

Demand is unlikely to improve any time soon because buyers expect prices to fall further, sources told Fastmarkets. Levels of demand have been poor in the country since August 2018, when political relations between Turkey and the United States deteriorated after Turkey detained an American citizen for alleged links to proscribed political groups, although he has since been released. But the Turkish lira lost value against the dollar. The US...

Published

Serife Durmus

January 11, 2019

15:25 GMT

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