TURKEY FLAT STEEL: Domestic prices to move down on slow trading

November 17, 2018 / www.metalbulletin.com / Article Link

Domestic prices for steel coil products in Turkey were expected to move down due to limited demand, sources told Fastmarkets on Friday November 16.

"Demand is barely there, and there were hardly any deals done this week," a source said."There might be more activity seen next week, but most likely the mills will not be able to maintain the current level of prices," he added.Fastmarkets' weekly price assessment for Turkish domestic hot-rolled coil (HRC) was $530-540 per tonne ex-works on November 16, unchanged week-on-week.And Fastmarkets' weekly price assessment...

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