Following the coup attempt in Turkey on July 15, Turkish flat steel importers prefer to maintain a wait-and-see approach due to the ongoing political tension in the country, causing demand to remain weak.
Meanwhile, ex-CIS hot rolled coil (HRC) offers to Turkey have increased during the past week after the rises recorded in Chinese HRC prices. As a result, CIS-based suppliers have increased their HRC offers to Turkey by $10/mt on the upper end week on week to $370-400/mt CFR.
Buyers wait and see in import flat steel market in Turkey
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
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