17
Oct
16:48
Turkish HRC market remains subdued, cuts deepen
Turkish hot rolled coil producers remain under pressure to increase prices amid higher costs, but their attempts remain unsuccessful amid much-lower-priced imports and uncertainty curbing demand in domestic and export markets, Kallanish observes.
In order to break-even, Turkish mills need to sell at or above $700/tonne ex-works, which mills attempted for the past two weeks. Offers at $700-730/t ex-works have been tabled, but buyers' demand is at much…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous