Turkish flat steel exporters’ prices remain stable

SteelOrbis has been informed that demand for Turkish flat steel in the export markets is still sluggish this week. After the consecutive price declines seen in the previous weeks, buyers think that Turkish flat steel export prices will decrease further and so they are postponing their bookings. Turkish exporters’ hot rolled coil (HRC) export prices have moved sideways during the past week in the range of $350-360/mt FOB. On the other hand, Turkish cold rolled coil (CRC) export offers have also remained unchanged in the same period, still in the range of $455-465/mt FOB. All prices are for October production.