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 |
$760-770/mt + 18% VAT |
1.5 mm HRC |
$820-840/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$760-770/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$760-770/mt + 18% VAT |
0.4-0.6 mm CRC |
$930-960/mt + 18% VAT |
0.7-2 mm CRC |
$900-920/mt + 18% VAT |
The above prices are ex-warehouse and are given for cash payments.
In Turkey's Gebze region this week the flat steel market has remained stagnant and prices have stayed at last week's levels, with the start of Ramadan. Thus, the anticipation of increased activity by early August has not been realized so far. The market activity and prices are expected to increase towards September.