Erdemir production HRC

The sales price of Erdemir production 3 mm × 1,000-1,200 mm hot rolled coils is $500-520/mt+ 18% VAT in Turkish local market, while the price for sizes over 3 mm × 1,500 mm is $600-620/mt + 18% VAT. The major reason for the decline in the prices of 3 mm × 1,000-1,200 mm hot rolled coils is that Erdemir delivers the subject goods to the market via spot sales. The Erdemir goods, which are delivered to the market at $500/mt, have caused a decrease in the prices of both local sellers and those of importers' products. The fact that Erdemir delivers these goods to the market every week has resulted in a decline in the prices of these products as compared to previous weeks. Moreover, the fact that there is no change in the prices of hot rolled coils in sizes over 3 mm × 1,500 mm, is a result of Erdemir's not delivering these goods to the market via spot sales.