Over the past week, demand in the local Turkish cold rolled coil (CRC) market has decreased, while Turkish CRC producers have increased their prices by $20/mt to $590-610/mt ex-works due to the upward movement of prices of raw material and flat steel in the global market.
In the spot market, prices of domestic CRC sold by local traders have increased by $20/mt week on week and are at the following levels:
|
Product |
Price ($/mt) |
|
|
Eregli |
Gebze |
|
|
0.6 mm CRC |
630-640 |
640-660 |
|
0.7-2 mm CRC |
600-620 |
610-630 |
The offers are on ex-warehouse basis, for February delivery, and exclude 18 percent VAT.