Demand still weak for Turkish flat steel exports

According to market sources, Turkish flat steel offers to the export markets have remained stable during the past week. Turkish exporters' hot rolled coil (HRC) prices are still at $300-310/mt FOB for January production, while Turkish cold rolled coil (CRC) export offers are at $400-410/mt FOB, also for January production. Foreign buyers are only concluding purchases in line with their needs due to the approach of the New Year and so demand for Turkish flat steel in the export markets has remained slack over the past week.