TURKEY COATED FLAT STEEL: Prices fall, demand limited with buyers holding back ahead of elections

Prices for coated steel products in Turkey decreased in the seven days to Friday March 15, with demand weak in both the domestic and export markets.

Sources told Fastmarkets that demand is unlikely to improve in March because of market uncertainty ahead of the mayoral elections being held across the country on the last day of the month. The export market was also poor because of weak demand in Europe and the fact Turkish prices are higher than material from other sources, mainly India, sources added. The price falls...

Published

Serife Durmus

March 15, 2019

14:54 GMT

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