20
Sep
16:56
Turkish HRC market pause extends
Turkey’s hot rolled coil market remains subdued amid sufficient stocks and the background of weakness continuing to spread in the iron ore and finished products markets.
As the descending dynamic continues, buyers remain reluctant to book in the falling market, in anticipation of further softening. Vast arrivals of previously booked material are keeping buyers satisfied without new tonnages.
Iron ore continues to tumble, with the Kallanish KORE 62% Fe …
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Anonymous
Very good overview of the weekly steel market.
Anonymous