10
Nov
12:46
IDC sees export recovery on oil stabilisation
Turkish long steelmaker Izmir Demir Celik (IDC) saw its sales abroad decline -27% on-year to 379,322 tonnes in the nine months through September. However, the company expects the anticipated imminent stop in oil price decline to awaken export markets by improving steel consumption in Middle Eastern countries.
IDC also expects a gradual increase in steel product prices in the coming months, despite persisting global excess supply since the beginning of 2015. Raw …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous