Local merchants in the Turkish steel plate spot market have lowered their prices by $15/mt over the past week in order to accelerate their sales and reduce their inventory levels. The reduction in question is expected to boost demand in the Turkish steel plate market.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions, for January shipments, are as follows:
Thickness x width | Price ($/mt) | |
Gebze | Eregli | |
4-12 mm x 1,500 mm | 550-555 | |
15-40 mm x 1,500 mm | 565-570 | 545-550 |
15-40 mm x 2,000 mm | 595-600 | 575-585 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.