TURKEY FLAT STEEL: Prices fall on seasonally sluggish demand

November 24, 2018 / www.metalbulletin.com / Article Link

Domestic and import prices for steel coil products in Turkey have decreased this week due to limited demand, sources told Fastmarkets on Friday November 23.

"Buyers are hesitant to buy because of weak end-user demand and expectations of further price falls," a source said.Fastmarkets' weekly price assessment for Turkish domestic hot-rolled coil (HRC) was $520-525 per tonne ex-works on November 23, down from $530-540 per tonne ex-works on November 16.Mills were offering HRC at $520-530 per tonne ex-works for late-December and early-January production.And Fastmarkets' weekly price assessment for Turkish domestic cold-rolled coil (CRC) was $580-590...

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