10
May
15:54
Turkish HRC rises further, following ore, scrap jumps
Turkish hot rolled coil prices surged higher still on Monday, following a higher-priced sale during the past week. China's influence was tangible as iron ore prices skyrocketed and Chinese HRC offers rose, emphasised further by a shortage of supply in traditional markets and diminishing availability, while scrap prices also hiked.
Monday saw one supplier closing over 50,000 tonnes in sales at the highest price of $1,120/tonne ex-works at the time Kallanish wen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous