TURKEY FLAT STEEL: HRC price increases continue although market activity weak

Some Turkish hot-rolled coil producers increased their prices again during the week ended Friday December 27 but market activity was subdued because of the usual year-end slowdown.

Raw material prices, especially those of scrap, have continued to increase recently. Fastmarkets’ daily index of steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $303.39 per tonne on December 24, rising from $300.98 per tonne on December 20.
HRC exports

Fastmarkets’ weekly price assessment of steel hot-rolled coil,...

Published

Serife Durmus

December 27, 2019

13:59 GMT

Bursa