06
Apr
16:09
Weak demand further presses Turkish flats prices
Turkish domestic flat steel prices are under increasing downwards pressure from the continuing weakening in local demand, market participants tell Kallanish.
Local mills' HRC asking prices remain unchanged on-week at $660-670/t ex-works, according to buyer sources. However, bid prices have decreased last week to below the $650/t ex-works heard in the end of March.
"There are no formal new offers yet. But, if any, bookings may happen at $630-640/t ex-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous