TURKEY COATED FLAT STEEL: Prices fall but demand poor as buyers hold back before elections

Prices for coated steel products in Turkey decreased in the seven days to Friday March 8, with demand weak in both the domestic and export markets.

Demand was unlikely to improve in March, sources told Fastmarkets, because of market uncertainty in the period before mayoral elections to be held across the country on March 31. Buyers want to see if end-user demand improves after the elections and have postponed buying as a result, they said. The export market was also poor because of weak demand in Europe and the fact that Turkish prices were higher than...


Serife Durmus

March 08, 2019

16:38 GMT