Flat steel demand in the Turkish domestic market are still at medium levels, while spot market prices have remained unchanged since last week. Local Turkish traders have increased their inventory levels ahead of Ramadan, while it is still thought that the market trend will be positive after Ramadan
The domestic sales prices of traders for local and imported hot and cold rolled flat steel products in the Eregli and Gebze regions of Turkey are as follows:
Product |
Price ($/mt) |
|
Eregli |
Gebze |
|
2-12 mm HRC |
640-650 |
640-660 |
1.5 mm HRS |
690-710 |
690-710 |
3-12 mm HR P&O |
690-700 |
690-710 |
0.6 mm CRC |
780-790 |
790-800 |
0.7-2 mm CRC |
750-760 |
740-760 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.