12
Jul
16:26
Turkish HRC market becalmed as buyers ponder direction
The Turkish domestic hot rolled coil market continues to drift, despite producers reducing offer indications last week. Discouraged by the persisting downward trend during the past month and approaching national holidays, buyers are reluctant to book, espeically considering there are active import offers with shorter lead times, market participants tell Kallanish.
Domestic offers for HRC have declined by $20-30/tonne from the prior week to around $1,040…
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Anonymous
Very good overview of the weekly steel market.
Anonymous