SteelOrbis has learned that traders' July production St37 grade steel plate prices in Turkey's Gebze and Eregli regions have remained unchanged in the past two weeks:
Thickness (mm) |
Price ($/mt) |
|
Gebze |
Eregli |
|
15-40 mm x 1,500 mm |
700 |
680 |
15-40 mm x 2,000 mm |
730 |
710 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.
Transactions may be concluded at $10-15/mt below the abovementioned price levels. Although Turkish buyers have lately been opting to purchase domestic production plates due to their lower price as compared to imported material, steel plate demand is weak in general in line with the sluggishness in the overall domestic flat steel market.