SteelOrbis has been informed that the offers given for stainless steel coils by European producers to the Turkish market are standing at the following levels:
Product | Origin | Price |
304/2B 2 mm prime quality stainless steel coil | €2,150/mt CIF Turkey | |
430/2B 2 mm prime quality stainless steel coil | €1,350/mt CIF Turkey |
The above offers, which are given for November production, are standing at high levels as compared to Far Eastern offers. Turkish buyers expect that the prices of European origin materials will decrease in the near future. Should an urgent need for purchases arise in the market, it is thought that buyers will purchase materials of Far Eastern origin.
€1 = US$1.48321