TURKEY FLAT STEEL: Prices keep increasing amid strong demand

Prices for hot-rolled coil and cold-rolled coil in the Turkish market have continued to strengthen during the week to Friday September 11 and further price increases are expected due to high production costs and strong demand, sources told Fastmarkets.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $297.53 per tonne on Friday, up from $294.78 per tonne on September 4.
Domestic prices

Fastmarkets’ weekly price assessment of steel HRC, domestic, exw Turkey was $535-540 per tonne on Friday,...

Published

Serife Durmus

September 11, 2020

16:27 GMT

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