Demand on slack side for Turkish flat steel exports

Monday, 19 May 2014 11:58:35 (GMT+3)   |   Istanbul

Market sources inform SteelOrbis that demand in the Turkish flat steel export markets has remained unchanged since last month and is still weak. Turkish producers continue to give offers to Europe, but transaction activity to this region is reported to be slack.

Turkish mills' hot rolled coil (HRC) export offers stand at $575-585/mt FOB, while their cold rolled coil export offers are at $675-685/mt FOB, both indicating an increase of $5mt since last month.

Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.   


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