Prices for flat steel in Turkey were mixed in the week to Friday April 17, with some prices moving higher and others lower, while demand improved slightly from last week, market participants said.
Demand strengthened because stocks among buyers were low, Turkish sources said.
Scrap prices continued to increase during the week on reduced availability. Fastmarkets'
daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $258 per tonne on April 17, up from $242.98 per tonne on April 9.
HRC exports
Fastmarkets' weekly price assessment for
steel hot-rolled coil, export, fob main port Turkey, was $390-400 per tonne on April 17, widening upward by $5 from $390-395 per tonne on April 9.
Demand was weak in export markets with no major deals heard.