The prices for both hot-rolled coil and cold-rolled coil in Turkey increased over the week to Friday August 7, with market sources not expecting any price decreases any time soon, sources told Fastmarkets.
Fastmarkets' weekly price assessment for steel HRC, domestic, exw Turkey was $500-505 per tonne on August 7, rising from $450-460 per tonne on July 31.Even though the price increases were sharp, market participants in Turkey believe there is some more room for further price hikes, with no expectations of price decreases because of high raw material prices as well as...