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 |
$690-720/mt + 18% VAT |
1.5 mm HRC |
$740-770/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$690-720/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$690-720/mt + 18% VAT |
0.4-0.6 mm CRC |
$880-920/mt + 18% VAT |
0.7-2 mm CRC |
$830-870/mt + 18% VAT |
The above prices are ex-warehouse and are given for cash payments.
In Turkey's Gebze region this week, while prices have continued to follow a downward trend and inventories have remained low, demand is forecast to improve after the Feast of Sacrifice holiday in the second week of November, as bookings have been delayed for now.