Turkish flat steel prices down on weak import, export markets

Domestic flat steel prices in Turkey dropped during the week to Friday November 19 on soft export and import markets.

Domestic prices
Fastmarkets’ assessment of steel hot-rolled coil, domestic, exw Turkey was $885-900 per tonne on Friday, down $25-30 from $910-930 per tonne one week prior.
Offers for HRC in the local market were reported at $885-900 per tonne ex-works, depending on a supplier. This is down from the most recent deals heard in the market at $910-930 per tonne in the first half of November.

“Local prices started to fall on low offers from China, on one hand, and fulfillment of [European Union] quotas and high...

Published

Marina Shulga

November 22, 2021

10:22 GMT

Dnipro