Turkey's flat steel export prices continue to move sideways

Friday, 26 December 2014 17:46:14 (GMT+3)   |   Istanbul
Market sources state that Turkish flat steel export activity has continued to be slack during the past week, due to the approach of the Christmas and New Year holidays and due to the weakening of the Russian ruble against the US dollar. Meanwhile, the outlook for Turkish flat steel exports has become more negative since Chinese and Japanese offers are considered to be more attractive by Middle Eastern buyers.
 
In the meantime, Turkey's HRC export offers have remained unchanged over the past week at $515-520/mt FOB, while Turkish CRC export prices have remained at $615-620/mt FOB over the same period, both for January shipping.
 
 

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