Prices in the Turkish domestic steel plate spot market have increased by $30/mt over the past two weeks, supported by the uptrend of prices of raw material and semi-finished steel. Meanwhile, demand has slackened and is now at medium levels. Market sources state that buyers are concluding deals only to meet their immediate needs.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions for March deliveries are as follows:
| Thickness x width | Price ($/mt) | |
| Gebze | Eregli | |
| 4-12 mm x 1,500 mm | 450-460 |
|
| 15-40 mm x 1,500 mm | 465-475 | 445-455 |
| 15-40 mm x 2,000 mm | 495-505 | 475-490 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.