25
Jul
16:22
Turkish HRC falls back, demand lacklustre
Turkey's hot rolled coil market is moving in line with softening feedstock and HRC import prices, as any upward movement after the Eid holidays continues to be elusive, Kallanish notes.
Turkish HRC prices have been declining since mid-March, with a small rebound three weeks ago when prices of scrap increased briefly before coming down again to the current $365-370/tonne cfr Turkey for premium HMS 1&2 80/20. With very few sales made pre, during or afte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous