Quiet transaction activity in local Turkish HRC market

Thursday, 31 December 2015 14:19:02 (GMT+3)   |   Istanbul
According to market sources, prices in the local Turkish hot rolled coil (HRC) spot market have moved sideways during the past week, while demand has declined significantly compared to last week and is currently slack. Both steel producers and traders are busy with stocktaking and transaction activity in the market is very quiet.

On the other hand, Turkish producers' HRC prices have remained unchanged in the given period at $310-320/mt ex-works for January and February production. Meanwhile, Turkish producers continue to offer volume discounts, depending on buyer and tonnage.

The domestic sales prices of traders for local and imported hot rolled flat steel products in the Eregli and Gebze regions of Turkey are as follows:

 Product

Price ($/mt)

Eregli

Gebze

 2-12 mm HRC

340-350

345-355

 1.5 mm HRS

380-390

375-385

 2-12 mm HRC (for large tonnages)

330-340

 3-12 mm HR P&O

380-390

395-400

 

The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.

Marketplace Offers

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Thickness 2 mm
Width 1,500 mm
Coil  R
  S235JR
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Hot Rolled Coil

Thickness 2.5 mm
Width 1,200 mm
Coil  R
  S235JR
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
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Hot Rolled Coil

Thickness 2.5 mm
Width 1,000 mm
Coil  R
  S235JR
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
View Offer

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