Latest situation for Turkey’s flat steel exports

Demand for Turkish flat steel exports has remained slack over the past week. Turkish hot rolled coil (HRC) offers to the export markets have remained unchanged during the given week in the range of $390-400/mt FOB, while Turkish cold rolled coil (CRC) export offers are still at $520-525/mt FOB. Despite the euro gaining strength against the US dollar over the past week, buyers in Europe, Turkey's most important export market, still consider import offers on US dollar basis in general to be on the high side.