Demand in the Turkish domestic cold rolled coil (CRC) market, where prices have moved on a sideways trend since last week, has indicated a slight increase. However, the demand situation in the local hot rolled coil (HRC) market is better than that in the CRC market, despite this increase.
Meanwhile, Turkish producers' offers for July production 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 | 730-740 | 735-745 |
0.7-2 mm CRC | 690-700 | 700-710 |
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.