TURKEY COATED FLAT STEEL: Prices down but demand still limited after elections

Prices for coated-steel products in Turkey decreased in the seven days to Friday April 12, with demand weak in the domestic market.

Demand failed to improve because of the uncertainty after local elections held across the country on March 31, and the continuing weakening of the Turkish lira.

Unofficially, the Justice & Development Party (AKP) - the party of national government - won the majority of the mayoral votes, but the country’s principal cities, including Ankara, Istanbul, Adana and Antalya, were all thought to have elected mayors from the...


Serife Durmus

April 12, 2019

15:45 GMT