Weak demand in the local Turkish stainless steel market

Friday, 01 February 2019 16:16:49 (GMT+3)   |   Istanbul

Over the past week, demand in the local Turkish stainless steel market has remained weak, while producers have been cautious given the rises in nickel prices. Although their production costs have increased due to the upward movement of nickel prices during the past month, Turkish stainless steel producers have kept their prices stable over the past week due to weakness of demand. Turkish producers’ prices of 304 grade 2B stainless steel cold rolled coil (CRC) are still at $2,400-2,500/mt ex-works and their prices of 430 grade 2B stainless steel CRC are standing at $1,400-1,500/mt ex-works, both indicating sideways movement week on week.

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
View Offer

Cold Drawn Stainless Plate

Thickness 0.5 - 3 mm
Width 1,000 - 1,250 mm
Length 2,000 - 2,500 mm
 
Tedarikçi MAIAK-M
View Offer

Hot Drawn Stainless Coil

Thickness 0.45 - 1.45 mm
Width 0 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

Similar articles

Turkey’s Sarıtaş places major equipment order from Andritz for stainless steel investment

Turkey’s Sarıtaş Çelik starts building new stainless steel plant in Yalova

PASID: Uncertainty persists in Turkish stainless segment, results of AD probe to bring clarity

Turkey-based Galva starts production of teardrop-patterned sheets

Turkey’s Çolakoğlu starts producing special stainless sheet grades

Turkish stainless steel market under pressure from both raw material and demand sides

Local Turkish stainless steel prices remain stable

Local Turkish stainless steel prices remain stable

Producer prices revised in Turkish stainless steel market

Sharp rise in Turkish stainless steel producers’ domestic prices