Demand for ex-Turkey flat steel lower than anticipated

Friday, 07 March 2014 16:53:17 (GMT+3)   |   Istanbul
       

 

Market sources state that this week demand for Turkish flat steel export offers is still slack. Demand for Turkish flat steel in the targeted export destinations has failed to record the expected recovery so far in 2014, and sources stated that current demand is even lower than the levels seen in the first two months of 2013.

Turkey's export offers for March production hot rolled coil (HRC) and cold rolled coil (CRC) have remained stable since last week at $560-570/mt FOB and at $670-680/mt FOB, respectively.

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