Demand for special steel in the local Turkish market has remained slack during the past week. Since wire rod is used as raw material in cold drawing special steel production, the rises seen in wire rod quotations over the past week have been reflected in special steel prices.
Recently, there have been plenty of billet sales in the local Turkish market and billet producers are having difficulties in keeping up with orders. Delays in billet shipments are causing hot drawing special steel production to slow down as billet is used as raw material in the process.
As of April 27, 2016, Turkish steelmaker Coskun Group's special steel prices are at the following levels:
Product |
Quality |
Type of production |
Price (TRY/kg) |
Carbon steel |
SAE 1040-SAE 1070 |
Hot rolled |
1.64 ($0.58/kg) |
Carbon steel |
SAE 1040-SAE 1050 |
Cold drawing |
1.76 ($0.62/kg) |
Carbon steel |
S355JR |
Hot rolled |
1.64 ($0.58/kg) |
Carbon steel |
S235JR |
Hot rolled |
1.58 ($0.56/kg) |
Carbon steel |
S235JR-SAE 1008 |
Cold drawing |
1.70 ($0.60/kg) |
Heat treatable steel |
SAE 5140 (41Cr4) |
Hot rolled |
1.68 ($0.59/kg) |
Heat treatable steel |
SAE 4140 (42CrMo4) |
Hot rolled |
1.89 ($0.67/kg) |
Spring steel |
55Cr3 |
Hot rolled |
1.89 ($0.67/kg) |
Spring steel |
60SiMn5 |
Hot rolled |
1.89 ($0.67/kg) |
The above prices are for advance payments, exclusive of 18 percent VAT and freight costs.
$1 = TRY 2.82