Turkish flat steel export market awaits September

This week, flat steel demand in the Turkish export markets has remained weak, while prices have shown no changes since last week. Negative conditions resulting from the seasonal slowdown and Ramadan have been observed in the export markets, while all eyes are already on next month in anticipation of better market conditions.
 
Meanwhile, ex-Turkey offers for hot rolled coil (HRC) are at $610-620/mt FOB, cold rolled coil (CRC) offers stand at $740-750/mt FOB, hot dip galvanized (HDG) offers are at the level of $810-820/mt ex-works, while offers for pre-painted galvanized iron (PPGI) are standing at $920-940/mt ex-works.