TURKEY FLAT STEEL: Price increases continue, but buyers hesitant

Turkish flat steel producers raised their prices again during the week ended Friday December 6, but buyers were hesitant to book because the increases were too sharp.

Raw material prices, especially those for scrap, have continued to increase.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $283.95 per tonne on December 5, rising from $272.85 per tonne on November 29.
HRC exports

Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob main port Turkey, was $450-460 per tonne on December 6, up from $430-440 per tonne on November...

Published

Serife Durmus

December 06, 2019

14:48 GMT

Bursa