Turkish flat steel market remains slow amid holidays

The flat steel market in Turkey remained slow in the last week of August due to the national Victory Day holiday on Wednesday August 30, as well as the continuing holiday season, sources told Fastmarkets on Friday.

Sources said demand could improve in September, however, because of low stock levels.

Moreover, the Central Bank of Turkey raised the interest rate to 25% from 17.5% effective August 24....

Published

Serife Durmus

September 01, 2023

16:02 GMT

Bursa, Turkey