Imported hot-rolled coil prices decrease in Turkey, market mostly stable

Imported hot-rolled coil prices decreased in Turkey during the week ended Friday November 12, while the market was generally stable, sources told Fastmarkets.

The reason for decreasing prices was lower-priced offers from China and deals heard from Ukraine during the week.
Turkish flat steel producers were still accepting orders for January production during the week.
Domestic prices
Fastmarkets’ weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $910-930 per tonne on November 12, unchanged week on week.

Turkish HRC producers were offering HRC at $920-950 per tonne ex-works in the week, narrowing from $910-930 per tonne...

Published

Serife Durmus

November 12, 2021

17:19 GMT

Bursa