TURKEY FLAT STEEL: Most prices down, awating recovery in demand

August 30, 2019 / www.metalbulletin.com / Article Link

Turkish prices for hot-rolled coil and cold-rolled coil (HRC, CRC) decreased over the week ended Thursday August 29, with demand remaining soft, sources have told Fastmarkets.

Buyers wanted to wait to see when prices will reach a bottom before placing orders, while end-user demand was still subdued by the summer holiday season.HRC exportsTurkey's export market price for HRC decreased this week on lower offers, sources said.Fastmarkets' weekly price assessment for steel HRC, export, fob main port Turkey, was $480-490 per tonne on August 29, falling from $490-500 per...

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