Meanwhile, Turkish steel producers' HRC offers have decreased by $10/mt week on week to the range of $420-440/mt ex-works this week. After the decline recorded in HRC prices, many deals have been concluded in the market and producers have stopped accepting orders for May production and instead have started taking orders for June-July production. In fact, orders for June production are at satisfactory levels, while producers' order books are in a healthy condition. However, discounts are still available depending on buyers and tonnages.
The domestic sales prices of traders for local and imported hot rolled flat steel products in the Eregli and Gebze regions of Turkey are as follows:
Product |
Price ($/mt) |
|
Eregli |
Gebze |
|
2-12 mm HRC |
470-480 |
475-485 |
1.5 mm HRS |
500-510 |
505-515 |
2-12 mm HRC (for large volume sales) |
460-470 |
|
3-12 mm HR P&O |
530-540 |
545-550 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.