Turkish Steelmakers Secure December Export Allocations
Several Turkish mills booked export volumes for December delivery as domestic hot-rolled coil prices climbed.
Updated on Nov. 9, 2026 in Inflation
Several Turkish steelmakers have secured substantial export allocations for December delivery, tightening domestic spot availability of hot-rolled coil. Turkish domestic ex-works hot-rolled coil quotes rose 10 USD/tonne to 630 USD/tonne EXW.
Why it matters
Tightening spot supply and firm scrap pricing point to rising input costs for steel buyers and downstream manufacturers. Export bookings for December also signal where Turkish mills are directing their volumes.
The figures are steel market price assessments drawn from regional quotes rather than official statistics, with the domestic ex-works quote rising 10 USD/tonne to 630 USD/tonne and the FOB asking price at 620 USD/tonne. Imported Chinese-origin offers ranged from 537 to 540 USD/tonne CFR, while no new Turkish export transactions have been confirmed.
The details
Turkish steelmakers secured export allocations for December delivery, tightening domestic spot availability of hot-rolled coil. Scrap suppliers held firm on pricing, supported by local rebar restocking demand, strong US steel consumption, rising transportation costs and tightening availability of specific scrap grades.
Timeline
December: delivery period for the secured Turkish steel export allocations.
Market Landscape
Turkish hot-rolled coil pricing is being set against imported Chinese-origin offers that cluster near 540 USD/tonne CFR, leaving the domestic ex-works quote at 630 USD/tonne well above that benchmark. Export allocations to foreign buyers add to the pressure by reducing the coil available for domestic sale.
Rising hot-rolled coil prices and tightening domestic supply can feed into higher costs for steel-dependent manufacturers, construction materials and consumer goods. Buyers relying on Turkish steel may face higher quotes as December export volumes absorb available coil.
The takeaway
Steel price moves in one exporting country can quickly reshape costs for buyers far beyond its borders. Monitoring both domestic quotes and import benchmarks helps clarify where price pressure is building.
Further reading
Track broader cost pressures in the Inflation section for context on how input prices move through supply chains.
