TURKEY COATED FLAT STEEL: Prices stable but producers look for early increases

Coated steel prices in Turkey were stable in the week ended Friday January 25, with some producers closing their sales books because they were planning to increase prices.

The producers wanted to wait and see whether price increases for hot-rolled coil (HRC) would be accepted by the market, before announcing new prices, sources told Fastmarkets. Fastmarkets’ weekly price assessment for Turkish domestic HRC was $495-500 per tonne ex-works on Friday, rising from $490-495 per tonne...


Serife Durmus

January 25, 2019

16:55 GMT