24
May
16:46
Turkish HRC declines amid weak demand, import pressure
Turkey's hot rolled coil prices continued to decline during the pre-election week on subdued demand and pressure from imports, market participants inform Kallanish.
Market activity is limited due to the proximity of the presidential election run-off on 28 May, while exchange rate fluctuation further contributed to the halt in both domestic and import sales.
The Turkish lira has reached historical lows during the week. On Wednesday, the lira was traded a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous