Activity in the local Turkish cold rolled coil (CRC) spot market has been very sluggish in the past week due to the end-of-Ramadan holiday, while Turkish CRC producers’ prices have remained stable week on week at $530-560/mt ex-works, excluding 18 percent VAT, for July production. Meanwhile, the CRC prices of local traders have also remained stable week on week.
Currently, traders’ CRC prices in the local Turkish spot market are as follows:
| Product | Price ($/mt) | |
| Eregli | Gebze | |
| 0.6 mm CRC | 580-610 | 600-620 |
| 0.7-2 mm CRC | 550-580 | 570-590 |
The offers are on ex-warehouse basis, for July delivery, and exclude 18 percent VAT.