TURKEY FLAT STEEL: Prices down on declining demand, sentiment

Turkish prices for hot-rolled and cold-rolled coil (HRC, CRC) have continued to fall over the past week on low demand, sources told Fastmarkets on Friday October 4.

Demand was unlikely to improve in the coming weeks because of the current weak prices for steel and raw materials, Fastmarkets heard. HRC exports Fastmarkets’ weekly price assessment for steel HRC, export, fob main port Turkey, was $420-425 per tonne on October 4, down from $425-435 per tonne fob on September 27. Turkish HRC was heard to be on offer at $420-440 per...

Published

Serife Durmus

October 04, 2019

15:35 GMT

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