TURKEY FLAT STEEL: Local prices keep increasing, demand moderate

Prices for both hot-rolled coil and cold-rolled coil in Turkey’s domestic market have increased over the week to Friday August 14, but demand was only moderate because of the holiday season, sources told Fastmarkets.

Domestic prices
Fastmarkets’ weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $510-515 per tonne on August 14, rising from $500-505 per tonne on August 7.
HRC producers were offering material at $510-520 per tonne ex-works for October production, up from the $500-515 per tonne ex-works offered last week.

Deals were heard at $520 per tonne...


Serife Durmus

August 14, 2020

16:45 GMT