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 |
$650-670/mt + 18% VAT |
1.5 mm HRC |
$700-720/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$650-670/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$650-670/mt + 18% VAT |
0.4-0.6 mm CRC |
$820-850/mt + 18% VAT |
0.7-2 mm CRC |
$790-820/mt + 18% VAT |
The above prices are ex-warehouse and are given for cash payments.
In Turkey's Gebze region this week, neither flat steel demand nor the transaction volume has shown any significant improvement this week, despite producers' price hikes, while spot market prices have been trending sideways at last week's levels. However, it is thought that spot market activity may revive next week.