TURKEY COATED FLAT STEEL: Prices fall, demand limited ahead of elections

March 23, 2019 / www.metalbulletin.com / Article Link

Prices for coated steel products in Turkey fell again in the seven days to Friday March 22, with demand weak in both the domestic and export markets.

Sources told Fastmarkets that demand is unlikely to improve in March because of market uncertainty ahead of the mayoral elections being held across the country on the last day of the month.The export market was also poor because of weak demand in Europe and the fact Turkish prices are higher than material from elsewhere, mainly India, sources...

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