Demand was strong this week because most coated-coil producers and pipe makers had low stock levels, sources told Fastmarkets.
Fastmarkets’ weekly price assessment for steel hot-rolled coil (HRC), domestic, exw Turkey
was $660-670 per tonne on November 27, rising from $630-640 per tonne on November 20.
Turkish HRC producers were offering at $670-695 per tonne ex-works for March production, rising from $630-650 per tonne ex-works
Deals were heard at $660-670 per tonne ex-works during the week for Turkish HRC in local market.
Fastmarkets’ weekly price assessment for steel CRC,...