Over the past two weeks, demand in the Turkish domestic steel plate spot market has remained weak, while local traders' prices have declined by $25/mt over the past month. Buyers are postponing their purchases due to year-end considerations.
SteelOrbis has learned that traders' prices for stock material St37 grade steel plate in Turkey's Gebze and Eregli regions for November deliveries are as follows:
Thickness x width | Price ($/mt) | |
Gebze | Eregli | |
4-12 mm x 1,500 mm | 365-370 | |
15-40 mm x 1,500 mm | 380-385 | 360-365 |
15-40 mm x 2,000 mm | 410-415 | 390-400 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.