TURKEY COATED FLAT STEEL: Prices increase, some producers stop taking new orders

Coated steel coil prices increased sharply in Turkey during the week ended Friday October 15 and some producers stopped accepting new orders, sources told Fastmarkets.

Producers stopped accepting orders because prices for hot-rolled coil, the base material for coated coils, continued to increase and producers wanted to reflect cost increases in their end-product prices.

Fastmarkets’ weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $880-910 per tonne on October 15, rising from $860-880...

Published

Serife Durmus

October 15, 2021

15:37 GMT

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