Some flat steel prices decrease in Turkey; buyers uncertain

November 06, 2021 / www.metalbulletin.com / Article Link

Some flat steel prices decreased in Turkey during the week ended Friday November 5; buyers were hesitant to book large tonnages because of the uncertainty, sources told Fastmarkets.

Falling prices in China are behind the price drop; prices from the Commonwealth of Independent States have also decreased recently.
Turkish flat steel producers accepted orders for January production during the week.
Domestic prices
Fastmarkets' weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $910-930 per tonne on November 5, narrowing from $900-950 per tonne on November 1.

Turkish HRC producers were offering HRC at $910-930 per tonne ex-works throughout the week, narrowing...

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