Over the past week, demand in the local Turkish cold rolled coil (CRC) market has remained slack and domestic producers’ prices have remained unchanged at $720-740/mt ex-works. Considering the current price levels to be on the high side, buyers are exerting downwards pressure on prices.
In the spot market, prices of domestic CRC sold by traders have also remained stable week on week.
Product |
Price ($/mt) |
|
Eregli |
Gebze |
|
0.6 mm CRC |
750-760 |
760-780 |
0.7-2 mm CRC |
720-730 |
730-750 |
The offers are on ex-warehouse basis, for January delivery, and exclude 18 percent VAT.