This week in the Turkish
plate market, where demand has long been stagnant, the downtrend of import
plate prices has come to an end following the successive decreases seen in previous weeks. Meanwhile, market players believe that prices will follow a sideways trend for a while and that
plate demand in the Turkish domestic market will likely remain low until demand in the European markets gains strength.
Currently, steel
plate offers to
Turkey given by Ukrainian steel producer Alchevsk Iron and Steel Works are still standing at $560/mt CFR, while another Ukrainian mill
Ilyich Iron & Steel Works is offering
plate to
Turkey at the base price level of $555-560/mt CFR. In addition, Macedonian mill Makstil's offers are still standing at $740/mt CFR. All the prices are for December output.