Flat steel prices in Turkey fell early in January, but increased in the second half on rising costs

The prices for flat steel products mostly decreased in the first two weeks of January in Turkey because of global price drops, but they started increasing in the second half of the month due to rising production costs, sources told Fastmarkets.

The main reason for rising production costs was rising energy costs in Turkey.

Electricity prices in Turkey have increased by around 127% and natural gas prices have increased by 50%...

Published

Serife Durmus

February 03, 2022

19:00 GMT

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