Domestic coated steel prices in Turkey have increased by at least $20/mt over the past week, supported by somewhat higher demand. Business activity has been livelier, boosted by the uptrend in import scrap prices and some upward expectations in the hot rolled coil sector. As of today, February 20, mostly coated steel for April deliveries is on offer, though some re-rollers still have certain volumes for March, SteelOrbis understands.
On the export side, demand is moderate with some volumes for April shipment already being booked, mainly to Latin America and South Africa, SteelOrbis has learned. Export prices have increased by $20/mt over the past week, while some higher levels may be offered next week if there is a solid uptrend in the feedstock segment.
Turkish mills’ price offers for coated products for their domestic and export markets are presented in the following table.
Turkish domestic prices (ex-works) |
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Product |
Price ($/mt) |
Weekly change ($/mt) |
HDG 0.50 mm 100gr/m² |
640-670 |
+20/+30 |
HDG 1 mm 100gr/m² |
630-650 |
+20/+30 |
HDG 2 mm 100gr/m² |
580-620 |
+20/+30 |
PPGI RAL 9002 0.3 mm 100 gr/m² |
750-780 |
+20 |
PPGI RAL 9002 0.5 mm 100 gr/m² |
730-750 |
+20 |
PPGI RAL 9002 1 mm 100 gr/m² |
700-710 |
+20 |
Turkish export quotations (FOB) |
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Product |
Price ($/mt) |
Weekly change ($/mt) |
HDG 0.50 mm 100gr/m² |
640-660 |
+20 |
PPGI RAL 9002 0.5 mm 100 gr/m² |
730-740 |
+20 |