10
Nov
11:24
Turkish mills reduce CRC prices
Turkish cold-rolled coil (CRC) prices turned downwards last week as mills cut their offers to reflect falling HRC prices and weak demand, market participants tell Kallanish.
Local producers' asking prices have fallen by $10-20/tonne on-week to $630-660/t ex-works, depending on the producer, for December-production material.
Market activity, however, has remained very slow as reluctance to place orders dominated. "The market expects further…
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Anonymous
Very good overview of the weekly steel market.
Anonymous