TURKEY FLAT STEEL: Prices fall on holiday decrease in market activity

Turkish prices for hot-rolled coil and cold-rolled coil (HRC, CRC) decreased over the week ended Friday August 9 due to the regular summer slowdown and the Eid al-Adha religious holiday next week, sources told Fastmarkets.

HRC exports
Turkey’s export price for HRC decreased with lower offers, sources said.
Fastmarkets’ weekly price assessment for steel HRC, export, fob main port Turkey, was $490-495 per tonne on August 9, falling from $500-505 per tonne on August 2.

Turkish HRC was on offer for export at $490-500 per tonne fob, with Southern European buyers...


Serife Durmus

August 09, 2019

14:50 GMT