Trading in the Turkish flat steel spot market has shown little change this week, as weak demand and ongoing economic challenges continue to limit buying activity. With no clear signals of either an upward or downward price move, buyers have largely restricted their purchases to immediate needs, keeping volumes low and steady. The lack of urgency on both sides of the market has resulted in prices remaining largely unchanged. Although scrap prices have recorded some recent increases, this has not translated into higher flat steel prices, as demand has not been strong enough to support any upward movement. Instead, hot rolled coil (HRC) producers have opted to keep their offer levels stable.
In the domestic market, hot rolled sheet (HRS) prices have continued to remain in the $580-600/mt ex-warehouse range. While major traders have held firm on their prices, smaller and medium-sized suppliers have been more willing to negotiate, particularly on large-volume deals, where discounts of around $5-10/mt have been reported.
The cold rolled sheet (CRS) segment has followed the same pattern, with offers continuing to circulate at $660-710/mt ex-warehouse. With buying interest still muted, these levels have remained unchanged compared with last week.
