TURKEY COATED FLAT STEEL: Prices increase; some producers close order books

Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil increased in the week to Friday June 5 and some producers have stopped accepting new orders because of increasing production costs, sources told Fastmarkets.

Demand is strong due to restocking and expectations that prices will rise further.
Fastmarkets’ weekly price assessment for steel HRC, domestic, exw Turkey was $430-440 per tonne on Friday, up from $420-430 per tonne on May 29.

As a result, some coated coil producers have stopped accepting orders because...


Serife Durmus

June 05, 2020

17:36 GMT