03
Nov
14:57
Turkish HDG falls, CRC expected to follow
Turkish domestic cold-rolled coil prices remained stable last week, with a decline anticipated. Hot-dipped galvanized prices meanwhile have already moved down, market participants tell Kallanish.
Local producers are still offering December-rolling CRC at $650-670/t ex-works, unchanged since the end of October. But market activity is slow as buyers prefer to wait for prices to decline, sources inform.
"Mills reduced HRC prices and this is expected to be r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous