07
Nov
14:46
Export growth fails to prevent IDC revenue slump
Izmir Demir Celik (IDC)’s revenue declined on-year in January-September despite recording 4% growth after six months. This was due to the contraction in local market demand and decreasing finished product prices.
The Turkish electric arc furnace-based steelmaker reported a -19.8% on-year decline in finished product sales in January-September to 919,206 tonnes, Kallanish learns from the Turkish steelmaker. However, exports rose 5.87% to 271,9…
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Anonymous
Very good overview of the weekly steel market.
Anonymous