05
Oct
16:40
Turkish flats producers struggle on weak demand, costs
Turkish flat steel producers continue to face weakened demand amid escalating power costs, market participants inform Kallanish.
Turkish domestic hot rolled coil prices widened down to $640-670/tonne ex-works, compared with $650-670/t ex-works a week earlier.
In the export market, prices continue to be under pressure due to competition from Asia, with offers and bids remaining unmatched. While quotes were at around $630/t fob Turkey, bids from customers in s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous