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

Marketplace Offers

HDG Coil

Thickness 1.1 mm
Width 1,000 mm
Coil  R
  DX51D+Z70
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
View Offer

Galvanized Cut-To-Length Sheet

Thickness 0.25 - 2 mm
Width 700 - 1,300 mm
Length 400 - 3,000 mm
 
Tedarikçi YILDIZ DEMIR CELIK
View Offer

Galvanized Slitted Coil

Thickness 0.25 - 3 mm
Width 20 mm
Coil  R
 
Tedarikçi YILDIZ DEMIR CELIK
View Offer

Similar articles

CR and coated prices surge in Turkey amid costlier HRC, limited import feedstock options, decent demand

Flats prices rise again in Turkey as import offers affected by surging freight rates

Coated and CR demand quiet in Turkey, pressure on exports increases

Turkey’s Borçelik exports 80% of output, focuses on EU, Balkans and N. America

Turkish coated and CRC prices increase amid livelier demand, costlier HRC

Most Turkish re-rollers provide discounts for coated steel amid low demand

Turkey’s Marmara Siegener Galvaniz opens fourth plant, boosts capacity to 200,000 mt

Turkey’s coated and CRC suppliers still under pressure from limited demand

Turkey’s coated and CR pricing weak amid dull demand, lower HRC expectations

Coated and CR prices rebound in Turkey amid stronger China, but demand still tepid