The domestic sales prices of traders for local and imported hot rolled coil and sheet (HRC and HRS) in the Eregli and Gebze regions of Turkey are as follows:
Product |
Price ($/mt) |
|
Eregli |
Gebze |
|
2-12 mm HRC |
690-700 |
700-715 |
1.5 mm HRS |
730-740 |
730-740 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.
After Turkish steel producers increased their domestic HRC offers to $720/mt ex-works, stockists' prices have also risen. Traders state that these price levels have gained acceptance in the local market, though availability of certain specifications is low.