Demand in the local Turkish cold rolled coil (CRC) spot market has remained slack this week, while Turkish producers’ CRC prices have decreased by $10/mt week on week to the range of $690-710/mt ex-works, excluding 18 percent VAT, for June production. In line with the decreases in producers’ prices, CRC prices of traders in the Eregli region have decreased by $10/mt, while CRC quotations of traders in the Gebze region, which had remained unchanged last week, have decreased by $40/mt, both week on week.
Currently, traders’ CRC prices in the local Turkish spot market are as follows:
| Product | Price ($/mt) | |
| Eregli | Gebze | |
| 0.6 mm CRC | 700-705 | 705-715 |
| 0.7-2 mm CRC | 640-660 | 670-680 |
The offers are on ex-warehouse basis, for May delivery, and exclude 18 percent VAT.