17
Nov
00:00
IDC sees no Q4 demand recovery after nine-month exports fall 15%
Izmir Demir Celik (IDC) expects no significant demand revival in the fourth quarter with winter approaching, but steel prices should remain stable. This comes after the Turkish longs steelmaker managed to increase finished product sales 1% year-on-year in January-September to 1.05 million tonnes, despite a 15% fall in exports to 519,333t.
The lower overseas sales were a result of competition from lower-priced Chinese products in Turkey’s traditional ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous