Over the past week, prices in the local Turkish cold rolled coil (CRC) market have remained stable at $720-740/mt ex-works, while demand has remained at low levels as Turkish buyers have continued to postpone their bookings and to put downward pressure on domestic CRC prices.
In the spot market, prices of domestic CRC sold by traders have also remained stable week on week, at the following levels.
|
Product |
Price ($/mt) |
|
|
Eregli |
Gebze |
|
|
0.6 mm CRC |
750-760 |
760-780 |
|
0.7-2 mm CRC |
720-730 |
730-750 |
The offers are on ex-warehouse basis, for January delivery, and exclude 18 percent VAT.