09
Aug
17:19
Turkish HRC prices search for bottom
Turkish hot rolled coil prices have continued to slide in the past week, with mills signalling deeper discounts amid sleepy demand and highly competitive import availability. An apparent rebound in scrap import prices may solidify the floor for Turkish HRC, but a rebound still does not appear in sight, market participants tell Kallanish
Turkish mills were offering HRC in the domestic market at $620-650/tonne ex-works, down from $630-660/t ex-works a week…
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Anonymous
Very good overview of the weekly steel market.
Anonymous