TURKEY FLAT STEEL: Market quiet, prices fall further

The flat steel market in Turkey remained slow during the week ended Friday September 17 because of decreasing prices, sources told Fastmarkets.

Most producers decreased their prices during the week, but it did not help to stimulate buying due to falling global raw materials prices.
Fastmarkets’ daily calculation of its index for 62% Fe fines, cfr Qingdao was $101.95 per tonne on September 17, falling from $129.71 per tonne on September 10.
Fastmarkets’ daily calculation of its daily index for steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey was $436.86 per tonne on September 16, falling from $440.24 per tonne on September 10.
Domestic prices

Published

Serife Durmus

September 17, 2021

16:25 GMT

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