Domestic stainless steel prices in Turkey move sideways

Friday, 08 March 2019 13:36:52 (GMT+3)   |   Istanbul
       

Domestic stainless steel prices in Turkey have remained unchanged over the past week. Turkish producers’ prices of 304 grade 2B stainless steel CRC are still at $2,400-2,500/mt ex-works and their prices of 430 grade 2B stainless steel CRC are still standing at $1,400-1,500/mt ex-works, both indicating sideways movement week on week. With demand at low levels, market sources in the local Turkish stainless steel market believe the rises recorded in alloy surcharges last week will show their effect on the stainless market in March, and so market players expect domestic stainless steel prices to move up.


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