26
Jul
16:08
Turkey’s domestic/import HRC price spread narrows, bottom likely
The downtrend in Turkey's hot rolled coil segment has persisted this week, although a narrower gap between import and domestic prices could mean a break in the trend, market participants inform Kalanish.
HRC from Turkish mills was available at $635-660/tonne ex-works, down by $5-10/t from $640-670/t ex-works last Friday.
China-origin material, which represented the largest share of Turkey's HR steel imports in May, was priced at $610/t cfr Turkey, up by $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous