Turkey’s domestic spot prices for hot rolled (HR) products have rebounded over the past two weeks by $10/mt, mainly following the uptrend of mills’ offers. In particular, most HR coil producers in Turkey are aiming to sell at $500-510/mt ex-works, while in the import segment the offers are at $495/mt CFR ex-CIS, both up by around $10/mt over the past week. Demand in the flat steel spot market in Turkey, however, has yet to pick up, stockists say.
In the cold rolled (CR) product segment, spot prices have remained stable for now, though some upward movement may be seen, taking into account the rise of at least $10/mt on the re-rollers’ side to $565-580/mt ex-works base, SteelOrbis understands.
Product |
Price ($/mt) |
|
Ereğli |
Gebze |
|
2-12 mm HRC |
490-500 |
500-510 |
1.5 mm HRS |
520-540 |
525-555 |
3-12 mm HR P&O |
540-550 |
560-580 |
0.6 mm CRC |
600-610 |
610-620 |
0.7-2 mm CRC |
570-590 |
580-600 |
