In the Turkish domestic flats market, the sales prices of imported and local production flat steel in Turkey's Gebze region are as follows:
Product |
Prices |
2 mm HRC |
$760-780/mt + 18% VAT |
1.5 mm HRC |
$810-840/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$760-780/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$760-780/mt + 18% VAT |
0.4-0.6 mm CRC |
$940-960/mt + 18% VAT |
0.7-2 mm CRC |
$910-920/mt + 18% VAT |
The above prices are ex-warehouse and are given for cash payments.
In Turkey's Gebze region this week the flat steel market has remained stagnant, due to weak demand, Ramadan and financial uncertainties in international markets. Prices have not shown any significant changes as compared to last week. Many market players are adopting a wait-and-see stance for the time being.