This week, prices in the Turkish flat steel spot market remained largely stable, as traders have sought to maintain a balance amid weak demand and ongoing financial pressures. Although minor price decreases were recorded in certain segments, no tangible signs of recovery have emerged over the past week. Market participants continue to report limited trading activity and subdued sentiment. As a result, while stability has been preserved in the short term, the overall outlook for both the near and medium term remains uncertain and distinctly pessimistic.
Currently, hot rolled sheet (HRS) prices have remained stable over the past week within the range of $570-590/mt ex-warehouse. Larger traders have continued to offer at the upper end of this range, while medium-sized and smaller traders have positioned their offers toward the lower end. Meanwhile, some traders have been offering discounts of around $5-10/mt for larger tonnages to attract buyers’ attention and sustain market activity.
Similarly, in the cold rolled sheet (CRS) segment, offers have remained stable following a decrease recorded in the previous week, remaining in the range of $640-700/mt ex-warehouse.
