Demand in the Turkish domestic steel plate spot market has remained sluggish during the past two weeks. However, prices in the market have increased by $40/mt on average due to the uptrend of hot rolled coil (HRC) prices. Meanwhile, three major US steel producers had filed petitions against imports of certain carbon and alloy steel cut-to-length plate from several countries, including Turkey, with an alleged dumping margin in the range of 36.09-52.09 percent for Turkey. Last week, the US International Trade Commission (USITC) announced that it has accordingly initiated an antidumping duty investigation.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions for April deliveries are as follows:
| Thickness x width | Price ($/mt) | |
| Gebze | Eregli | |
| 4-12 mm x 1,500 mm | 490-500 |
|
| 15-40 mm x 1,500 mm | 500-520 | 480-550 |
| 15-40 mm x 2,000 mm | 530-550 | 520-525 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.