As stated in the message by Yieh.com, Turkish hot rolons will continue to grow in price. After the rolon price increased by $ 10 over the past week, Turkish metallurgical companies intend to increase the price of another $ 10 raising prices from 550 to 570 dollars in just two weeks.
The main consumer of the Turkish hot -rolled roll is the European Union, which has recently shown the slowdown in consumption and increased competition. Nevertheless, Turkish manufacturers seek to compensate for the increase in raw materials and energy resources.
When experiencing disappointments from export supplies, local manufacturers began to pay increased attention to the domestic market where the price of hot -rolled steel can be raised to $ 600 per ton in the near future.
The cost of cold -rolled steel in rolls for export supplies will also be raised to $ 670, and for the domestic market - up to $ 710 per ton.
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