Weak demand puts pressure on prices in Turkish CRC market

Friday, 21 February 2014 12:34:57 (GMT+3)   |   Istanbul
       

 

Weak demand in the Turkish domestic cold rolled coil (CRC) market has caused prices to soften further. The CRC prices of both mills and traders have fallen by $5/mt as compared to last week, while buyers are not inclined to conclude any deals in excess of their needs.

Meanwhile, Turkish producers' offers for CRC can be found in the range of $680-690/mt ex-works.

Spot CRC prices are as follows:

 Product

Price ($/mt)

Eregli

Gebze

0.6 mm CRC

730-740

735-750

0.7-2 mm CRC

690-705

700-710

 

Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.   


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