Prices in the Turkish domestic cold rolled coil (CRC) spot market have remained unchanged since last week as demand has continued to be weak. Buyers are expected to book only small volumes for their immediate requirements until the municipal elections on March 30.
Meanwhile, Turkish producers' offers for CRC can still be found in the range of $680-690/mt ex-works, indicating no changes as compared to last week.
Spot CRC prices are as follows:
Product | Price ($/mt) | |
Eregli | Gebze | |
0.6 mm CRC | 720-730 | 725-740 |
0.7-2 mm CRC | 680-695 | 690-700 |
The offers are on ex-warehouse basis and exclude 18 percent VAT.
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.