Supply shortage for thin CRC continues in local Turkish market

Wednesday, 14 March 2012 15:53:38 (GMT+3)   |  
       

The domestic sales prices of traders for local and imported cold rolled coils (CRC) in the Eregli and Gebze regions of Turkey are as follows:

 Product

Price ($/mt)

Eregli

Gebze

0.4 mm CRC

850-860

840-850

0.6 mm CRC

820-830

830-840

0.7-2 mm CRC

790-800

800-820

The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.

SteelOrbis has learned from market sources that thin gauge CRC prices in the local Turkish market have indicated a slight increase this week, due to the continuing supply shortages for these materials, while thick gauge CRC prices have started to soften slightly.

On the other hand, domestic steel producer Erdemir is continuing to book orders for April production CRC.  


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