Stability seems to persist in the Turkish market as local steel plate
prices stabilize and the demand from the end buyers continues to emanate
primarily due to lack of supply of tonnage, which is likely due to the low
levels witnessed so far this year.
Notwithstanding, it would be worth monitoring the price trend this week
given the recent depreciation of the Turkish Lira and the expected on affect
the local sentiment such corrections deliver.
Source: steel guru. 10 March 2015
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