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99.41 USD Iron Ore Iron Ore
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6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Fluctuations in sheet metal prices in the Turkish domestic market

Prices in the Turkish flat steel market, which have not found their balance for a few weeks, are worried that the exchange rate balance will not remain stable. No decrease was seen in the market. Spot prices and mills, on the other hand, kept their prices...

Fluctuations in sheet metal prices in the Turkish domestic market

Turkiye domestic market sales prices of HRC (hot rolled coil) have been announced. Prices in factories were announced as follows;

Marmara Region Producer

HRC (HOT ROLLED COIL)

October deadlines completed (ended with 665-670).
Sales were realised at $670 for November delivery.

Aegean Region Producer

HRC (HOT ROLLED COIL)

October delivery bottom price $650

(-$5 for sales over 10k)

Black Sea Region Producer

HRC (HOT ROLLED COIL)

670$ (bottom price) Strengthening prices at Erdemir

And movement is expected in the sheet metal markets. Conditions may occur if demand meets demand.

The current figure in the spot market is $700

Prices did not show a big change in the spot market. If Turkiye's average is taken as a basis, the current price average for HRC can be taken as $700. In the Aegean and Marmara regions, this figure can reach $720-730, although it is possible to find cargoes up to $700 for tonnage purchases. In Iskenderun Region, prices are still below the market up to $690. Trading was slow today as the exchange rate balance is not expected to remain stable. A more visible market is expected to prevail next week.

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