In the Turkish domestic flats market, the sales prices of imported and local production flat steel in Turkey's Gebze region are as follows:
Product |
Prices |
2 mm HRC |
$780-800/mt + 18% VAT |
1.5 mm HRC |
$810-830/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$780-800/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$780-800/mt + 18% VAT |
0.4-0.6 mm CRC |
$945-955/mt + 18% VAT |
0.7-2 mm CRC |
$925-945/mt + 18% VAT |
The above prices are ex-warehouse and are given for cash payments.
This week, flat steel prices in Turkey's Gebze region have not shown any significant changes. Although stockists have increased their prices by $10/mt, due to stable demand this increase has not been reflected in spot market prices. With the increase in scrap prices, domestic market players are looking forward to seeing producers' next price move.