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14 Aug
15:49

Turkey accelerates EU HRC supply, feels China pressure

As of 14 August, Turkey has used 58% of its EU tariff-rate quota (TRQ) for hot rolled coil in the third quarter, with 7,879 tonnes awaiting allocation. This means Turkey can still supply 199,381t from its total 475,174t TRQ by 30 September, Kallanish notes from the EU Taric portal. Last week, prior to the EU's anti-dumping investigation initiation, unverified reports suggested that Turkish HRC was available at $550/tonne fob Turkey. However, following news of …
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