13
Dec
16:04
Turkish HRC market continues to adjust down
The Turkish hot rolled coil market continues to soften as it adjusts to low demand and renewed lower priced import offers. The softening Turkish Lira, which reached a historically lowest level of TRY 14.47/$1 on Monday morning but rebounded to around TYR 13.74 in the evening, also weighs on buying ability, Kallanish observes.
The softening sentiment, driven by low demand in both traditional export and domestic markets, pushed Turkish producers to re-offer Fe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous