Turkish flat steel prices drop, buyers expect further decreases

Local and export prices for flat steel decreased in Turkey during the week ended Friday April 22 because of softening demand, with buyers expecting more price decreases because of global price falls, sources have told Fastmarkets.

In addition, Turkey’s Ministry of Treasury & Finance has banned payments in foreign currencies for local trade with effect from April 19.

As a result, all steel trade payments...


Serife Durmus

April 22, 2022

17:05 GMT