Prices for steel plate in Turkey have mostly remained stable over the past week, taking into account the lower business activity seen towards the end of the year. In addition, some suppliers, namely from the CIS and Europe, are now out of the market due to the holiday period.
According to sources, domestic plate prices from Erdemir are at $950-970/mt ex-works for February deliveries, with some discounts possible. The retail price levels for S235JR grade of steel plate have declined by $10-20/mt over the past week to $990-1,110/mt ex-warehouse, although some sellers are still insisting on higher offers depending on their stock levels.
In the import segment, ex-South Korea official offers for plate have remained at $980/mt CFR for March shipments, while last week small lots were traded at around $950-960/mt CFR, SteelOrbis has learned. Bugaria’s Stomana and Romania’s Galati are said to be out of the market for now due to the holiday period, while their latest offers were at $1,050/mt CFR and $985/mt CFR, respectively. The workable levels for Ukraine-based Metinvest’s plate are estimated at $930-950/mt CFR depending on the grade. In addition, the latest price from Makstil has been reported at €930/mt CFR but €10-20/mt discounts are considered possible, SteelOrbis understands.
