On January 17, global cash nickel prices cash nickel prices at the London Metal Exchange (LME) closed the day at $11,450/mt. While the production costs of Turkish stainless steel producers have risen in line with the increases recorded in nickel prices, the producers have kept their domestic stainless steel quotations stable week on week due to the ongoing weakness of demand resulting from the economic problems seen in Turkey. Accordingly, Turkish producers’ prices of 304 grade 2B stainless steel CRC are at $2,400-2,500/mt ex-works and their prices of 430 grade 2B stainless steel CRC are at $1,400-1,500/mt ex-works.
Weak demand in local Turkish stainless steel market
Marketplace Offers
Hot Drawn Stainless Plate
Thickness
2 - 6 mm
Width
1,000 - 1,500 mm
Length
2,000 - 6,000 mm
Tedarikçi
MAIAK-M
Cold Drawn Stainless Plate
Thickness
0.5 - 3 mm
Width
1,000 - 1,250 mm
Length
2,000 - 2,500 mm
Tedarikçi
MAIAK-M
Hot Drawn Stainless Coil
Thickness
0.45 - 1.45 mm
Width
0 mm
Coil
R
Tedarikçi
SAMBHV SPONGE POWER LIMITED
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