Prices may rise in Turkish flat steel spot market

Thursday, 11 June 2020 14:56:09 (GMT+3)   |   Istanbul
       

Demand in the flat steel spot market has improved in Turkey with support from producers’ higher prices. Currently, traders are thinking of increasing their own offers and are evaluating business possibilities. "Due to low demand, we did not consider increasing our prices earlier, but now we see a slight demand increase in the spot market too. Also, higher mills’ prices push customers to buy before spot prices increase too, and this helps," a trader told SteelOrbis.

Product

Price ($/mt)

Ereğli

Gebze

2-12 mm HRC

470-490

480-500

1.5 mm HRS

500-530

510-540

3-12 mm HR P&O

510-530

530-550

0.6 mm CRC

590-600

600-610

0.7-2 mm CRC

550-560

550-570


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