TURKEY FLAT STEEL: Import prices up but sources expect price falls

Imported flat steel prices increased in Turkey during the week to Friday January 24, but buyers are expecting prices to fall amid weakening scrap prices, Fastmarkets was told.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey was $274.25 per tonne on January 23, down from $280.07 per tonne on January 22.
HRC exports
Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob main port Turkey was $500-505 per tonne on January 25, unchanged since January 17.

Turkish HRC was heard to be on offer...


Serife Durmus

January 24, 2020

14:35 GMT