14
Mar
17:40
Turkish HRC prices peak as trade becalms
Turkish hot rolled coil prices continued to strengthen at a supersonic pace last week, but cooled towards the end of the week. Values have approached $1,300/tonne ex-works levels, and June books availability has opened, Kallanish learns from market participants.
Offers by mills for June-rolling material approached $1,270-1,280/t ex-works towards the end of the week, having been circling at $1,170-1,230/t, depending on mill, to start the week. Mills' order book…
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Anonymous
Very good overview of the weekly steel market.
Anonymous