Slack demand for imported flat steel in Turkey

Friday, 07 August 2015 15:08:19 (GMT+3)   |   Istanbul
Demand for imported flat steel in Turkey has remained slack during the past week. Market sources report that inquiries for imported flat steel have increased in the same period but the transaction volume is still at low levels. Turkish buyers are expected to continue their purchases for September delivery, while demand has been negatively impacted by the political uncertainty in Turkey.
 
Meanwhile, import HRC (hot rolled coil) offers to Turkey have remained unchanged during the past week, with Russian HRC offers at $355-365/mt CFR and Ukrainian HRC offers at $345-355/mt CFR.
 
In the same period, cold rolled coil (CRC) offers to Turkey have declined by $20/mt, with Russian CRC offers now at $425-435/mt CFR and Ukrainian CRC offers at $435-445/mt CFR.

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Thickness 1.5 - 25 mm
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Cold Rolled Coil

Thickness 0.4 - 2.5 mm
Width 1,000 - 1,500 mm
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