10
Jul
16:21
Turkey’s flats price pressure grows; buyers retreat, observe
Demand for flat, particularly coated, steel remains sluggish in Turkey’s domestic, import and export markets, with customers in "wait-and-see mode" during the week to 10 July, Kallanish notes.
Market participants were evaluating the uncertainty caused by Turkey’s VAT hike to 20% and assessing the impact from damage caused to houses, warehouses and steel service centres by flooding over the weekend on the Black Sea coast of Turkey (see separat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous