The domestic sales prices of traders for local and imported hot rolled coil and sheet (HRC and HRS) in the Eregli and Gebze regions of Turkey are as follows:
Product |
Price ($/mt) |
|
Eregli |
Gebze |
|
2-12 mm HRC |
680-700 |
690-700 |
1.5 mm HRS |
730-740 |
730-740 |
The above prices are ex-warehouse and for advance payments, exclusive of 18 percent VAT.
SteelOrbis has been informed by traders that in Turkey's Gebze and Eregli regions, transaction activity for HRC has remained sluggish and that product prices have dropped to $680-690/mt +VAT ex-warehouse. In the meantime, while there is an expectation that in April the transaction volume in the HRC market will improve slightly, buyers are still concluding deals only according to their needs.