Steel Bucket Raw Material Consultation: Turkey's Plate Market Slows Down

The Turkish plate market slows down and the price has hardly changed.
This week, the price of Turkish scrap steel has risen slightly, but the price of steel has not kept up with the increase in raw materials. If this situation continues, the market sentiment will be relatively depressed. At present, the original scrap steel HMS (80:20) originating from Northern Europe is 355 US dollars/ton, up 2 US dollars/ton from the previous week. In the past week, the selling price of local hot-rolled coils by Turkish hot-rolled coil producers has been between 540 and 560 US dollars/ton, and the transaction price has basically hovered in this range.