Due to the sluggishness seen in demand, flat steel prices have continued to decrease in the local Turkish market. The domestic sales prices of Erdemir production flats in Turkey's Ereğli region are as follows;
Product |
Prices |
2 mm HRC |
$460-470/mt + 18% VAT |
1.5 mm HRC |
$500/mt + 18% VAT |
2.5-12 mm HRC (narrow) |
$440-450/mt + 18% VAT |
2.5-12 mm HRC (wide) |
$450-460/mt + 18% VAT |
0.4-0.6 mm CRC |
$490-500/mt + 18% VAT |
0.7-2 mm CRC |
$500-510/mt + 18% VAT |
Some firms have offered the abovementioned prices for 60-day deferred payments. However, other firms are offering at considerably below the above prices for cash payments.