SteelOrbis has heard from market insiders that in the Turkish domestic market the sales prices of Far Eastern and European origin premium quality 2 mm 304/2B stainless cold rolled coils (CRC) are at $3,100-3,300/mt, while prices of Far Eastern origin premium quality 2 mm 430/2B stainless CRC prices are standing at $1,800-2,000/mt. The prices are on ex-warehouse basis and exclude VAT.
Although most traders in Turkey state that stainless steel demand has remained weak in the domestic market, some market participants claim that both sales and end-user demand are at normal levels and that the only problem in the market is one of financial shortages.