TURKEY COATED FLAT STEEL: Coated coil prices down but demand strong

Prices in Turkey for hot-dipped and pre-painted galvanized steel coil were forced downward during the week to Friday June 4 in order to remain competitive, sources have told Fastmarkets.

Demand was strong to moderate in the export markets, but the prices offered by Vietnam to Europe were about $30-40 per tonne lower than offers from Turkish suppliers.
As a result, Turkish coated coil producers decreased their prices by $50-60 per tonne to be competitive.

In addition, the price for steel cold-rolled coil, domestic,...

Published

Serife Durmus

June 04, 2021

18:32 GMT

Bursa