07
May
18:34
Turkish HRC, CRC prices slip further
Turkish hot and cold rolled coil prices remained on the decline last week, with producer prices softening further due to persisting weak demand, market sources tell Kallanish.
Local mills' asking prices have lost some $10/tonne on-week in the higher end of the price range to $490-500/t ex-works for June production. CRC offers were said to be $600-610/t ex-works, a few dollars down on-week.
"Producers are trying to resist another price reduction.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous