Flat steel demand in the Turkish domestic market has remained stagnant, while prices have been following a sideways trend. On the back of the ongoing holiday mood in the market, flat steel demand is expected to remain at low levels until the end of this month, though it will likely start to improve in September.
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.