Turkish steelmakers raise sheet prices

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Publish time: 13th July, 2012      Source: ChinaCCM
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It's reported that the Turkish steel mills increased the steel sheet prices by US$5~US$10/ton this week.

At present, the ex-factory prices of hot rolled coils (HRC) are at US$620~US$630/ton in Turkey.

Meanwhile, the Turkish mills offered HRC quoted at US$620/ton FOB to Europe; however, the prices are unfavorable to European buyers.

Traders predicted that the HRC prices might remain stable at US$620~US$640/ton in July.