TURKEY FLAT STEEL: Prices slip as demand remains weak

Some steel coil prices in Turkey decreased in the week ended Friday March 1, with buying activity remaining subdued.

The market was unlikely to improve in March because of the uncertainty before mayoral elections to be held in the country on the last day of the month, sources told Fastmarkets. Market participants wanted to see if end-user demand would improve after the elections were complete. Buyers placed orders early in February because they had low stock levels, but end-user demand in the country was not strong, so buyers...


Serife Durmus

March 01, 2019

14:35 GMT