Flat steel prices continued to fall in Turkey during the week ended Friday October 1 because of weak demand, sources told Fastmarkets.
Buyers wanted to prices to flatten before placing orders and end-user demand was also weak, sources said.
Domestic prices
Fastmarkets' weekly price assessment for
steel hot-rolled coil, domestic, exw Turkey was $880-900 per tonne on October 1, falling from $890-920 per tonne on September 24.
Turkish HRC producers were offering HRC at $880-910 per tonne ex-works during the week for November production, falling from the offers at $890-920 per tonne ex-works
heard last week.
Most buyers in the country believed...