Demand in the Turkish domestic flat steel market has remained slack again this week, with prices still trending sideways. The market is not expected to show any improvement until the end of the current month, though market activity is foreseen to show some increase by September.
The domestic sales prices of traders for local and imported hot and cold rolled flat steel products in the Eregli and Gebze regions of Turkey are as follows:
Product | Price ($/mt) | |
Eregli | Gebze | |
2-12 mm HRC | 640-650 | 640-660 |
1.5 mm HRS | 690-710 | 690-710 |
3-12 mm HR P&O | 690-700 | 690-710 |
0.6 mm CRC | 780-790 | 790-800 |
0.7-2 mm CRC | 750-760 | 740-760 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.