12
Jan
16:41
Turkish HRC mills halt price concessions despite imports
Turkish hot rolled coil producers have halted the price reductions that marked the last three weeks, despite import offers remaining cheap.
"Local mills are aiming to avoid discounts as higher cost of production in 2022 and ongoing Turkish lira weakness has a considerable effect on their margins," a trader tells Kallanish, echoing other participants. Turkish mills offer indications for March-rolling material were at $830-850/tonne ex-works on 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous