28
Sep
15:58
Turkish flats suppliers face demand slump, Asian competition
Turkish flat steel producers are contending with weakened demand, compounded by competition with Asian suppliers domestically and in foreign markets, market participants inform Kallanish.
Turkish domestic hot rolled coil prices widened down to $650-670/tonne ex-works by Thursday, compared with $660-670/t a week earlier.
In the export market, prices continue to be under pressure due to competition from Asia, particularly in the EU. Only 40% of the EU’s third…
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Anonymous
Very good overview of the weekly steel market.
Anonymous