20
Jun
09:23
Turkey’s HDG market freezes ahead of holidays
Activity in Turkey's domestic galvanized flat steel market was muted on Tuesday ahead of next week’s holidays, market participants inform Kallanish.
Turkish market participants are also in wait-and-see mode over the country's central bank potentially increasing interest rates on 22 June. Forecasts vary significantly, ranging from leaving rates unchanged at 8.5% to increasing to 30%.
Due to uncertainty surrounding the exact nature of the forthco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous