With the sluggishness seen in demand, it is possible to see flats sales concluded with very low profit margins in Turkey's Ereğli region. Considering that Erdemir is selling 2 mm HRC at the level of $420/mt + VAT to the local market, it is more easily understood to what extent profit margins have decreased. The domestic sales prices of traders for Erdemir production flats in Turkey's Ereğli region are as follows:
Product |
Prices |
2 mm HRC |
$430/mt + 18% VAT |
1.5 mm HRC |
$500/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$400-410/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$410-420/mt + 18% VAT |
0.4-0.6 mm CRC |
$510-520/mt + 18% VAT |
0.7-2 mm CRC |
$500-510/mt + 18% VAT |
The abovementioned prices are for cash payments.