08
Jun
16:10
Turkish HRC exports plateau, market poised for activity
The Turkish hot rolled coil export market has quietened down in the past week, but exports are still ongoing to the US, from the specifically allocated stocks with shorter-than-new-production lead times, Kallanish learns from market participants.
Turkish HRC is workable in the US currently at $1,650/tonne cfr 25% duty paid, roughly netting back to $1,250/t fob Turkey, higher than Turkish domestic price levels. US sheet prices are now circling $1,700/t ex-works an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous