Over the past week, hot rolled plate (HRP) prices have not changed in Turkey, while local demand has remained low. Buyers state that discounts up to $20/mt are still possible for local sellers.
Local producer Erdemir has kept its plate offers at $570-580/mt ex-works for April deliveries. In the meantime, traders in Turkey are still offering St37 grade 15-40 mm x 1,500 mm plate at $560-580/mt ex-warehouse in Gebze and at $550-570/mt ex-warehouse in the Eregli region, SteelOrbis has learned. Prices are for advance payment for February-March deliveries.
In the import segment, Bulgaria’s Stomana Industry S.A. is in the market with $550-560/mt CFR for April production, stable since last week.
In the shipbuilding plate segment, Macedonia-based Makstil’s price is at €550/mt ($595/mt) CFR for April deliveries, stable since last week, SteelOrbis has learned.