14
Apr
15:29
Reduced Turkish demand weighs on Russian HRC
Russia’s western ports' hot rolled coil export market remains focussed on Turkey, where demand is slow amid Ramadan, a high level of competitively-priced import alternatives, and generally satisfactory stock levels, market participants tell Kallanish.
Turkey’s HRC demand has plunged after the March price rally in the domestic and export market. This is weighing on Russian offers amid Russian mills’ ongoing task of redirecting w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous