During the past two weeks, demand in the Turkish domestic steel plate spot market has remained slack, while local traders have reduced their prices by another $10/mt following the downtrend of hot rolled coil (HRC) prices last week.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions, for April deliveries, are as follows:
Thickness x width | Price ($/mt) | |
Gebze | Eregli | |
4-12 mm x 1,500 mm | 470-475 | |
15-40 mm x 1,500 mm | 485-490 | 465-470 |
15-40 mm x 2,000 mm | 515-520 | 495-505 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.