TURKEY COATED FLAT STEEL: Prices rise on strong buying

Turkish domestic prices for hot-dipped galvanized coil (HDG) and color-coated coil increased again in the week to Friday May 22, and buying improved, sources told Fastmarkets.

Demand was better compared with previous weeks in both the local and export markets.
Some coated coil producers were expecting further price increases because of rising production costs.
Scrap prices also went up during the week.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $252.31 per tonne...

Published

Serife Durmus

May 22, 2020

17:05 GMT

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