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 |