TURKEY FLAT STEEL: Some prices up, more rises to come despite weak demand

Prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) in Turkey have gone up in some market sectors over the past week and further increases are expected next week, although the summer slowdown and reduction in end-user consumption continue, sources told Fastmarkets on Friday July 12.

Domestic prices Fastmarkets’ weekly price assessment for steel HRC, domestic, exw Turkey, narrowed upward to $515-520 per tonne on Friday, compared with $500-520 per tonne a week earlier. Turkish mills have been offering such material at $520-530 per tonne ex-works, while deals have been heard at $515-520 per tonne for August production. “Mills have almost filled...

Published

Serife Durmus

July 12, 2019

16:18 GMT

Bursa