Over the past two weeks, demand in the Turkish domestic steel plate spot market has remained weak. Meanwhile, local traders’ prices have declined by $20/mt in the same period. Market players state that the steel plate market has been impacted by the economic and political uncertainty in the country, similar to the situation in all the flat steel product markets in Turkey.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions, for August deliveries, are as follows:
| Thickness x width | Price ($/mt) | |
| Gebze | Eregli | |
| 4-12 mm x 1,500 mm | 415-420 |
|
| 15-40 mm x 1,500 mm | 430-435 | 410-415 |
| 15-40 mm x 2,000 mm | 460-465 | 440-450 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.