TURKEY COATED FLAT STEEL: Prices fall again on weak demand

Turkish prices for hot-dipped galvanized coil (HDG) fell in the week ended Friday October 25, with demand remaining weak, sources have told Fastmarkets.

Some buyers believed that prices may increase, while others said that local demand was not strong enough to support price increases. The expectation for a price increase was driven by the recent price rises for raw materials. Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $240.12 per tonne on October 24, rising from $232.98 per tonne on...

Published

Serife Durmus

October 25, 2019

15:35 GMT

Bursa