Over the past two weeks, demand in the Turkish domestic steel plate spot market has not recorded any recovery, remaining weak. Meanwhile, local traders' prices have declined by $15/mt in the same period, with the total decline recorded in Turkish domestic steel plate prices in July reaching $35/mt.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions, for July deliveries, are as follows:
Thickness x width | Price ($/mt) | |
Gebze | Eregli | |
4-12 mm x 1,500 mm | 435-440 | |
15-40 mm x 1,500 mm | 450-455 | 430-435 |
15-40 mm x 2,000 mm | 480-785 | 460-470 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.