08
May
17:42
Negative sentiment weighs on Turkish coil import prices
CIS mills are trying to resist the downward pressure on their coil offers to Turkey stemming from weak demand and declining prices in the market, Kallanish learns from market participants.
Russian mills are heard offering hot rolled coil at $475-480/tonne cfr Marmara, Turkey, for June shipment, while Ukraine-origin HRC is offered at $470/t. Cold rolled coil offer prices, cfr Turkey, are around $550/t from Russia and $540/t from Ukraine, traders inform.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous