23
Nov
15:11
Turkish HRC rises on China export price uptrend
The Turkish flat steel market continues to register moderate price increases, following the upward trend for China-origin hot rolled coil, but demand remains sluggish domestically and on exports, market participants inform Kallanish.
On Thursday, Turkey’s Central Bank increased the policy rate from 35% to 40% to address high inflation and the depreciation of the lira.
Steel market participants say there was no immediate impact from the interest rate increas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous