16
Oct
14:03
Turkish mills reduce domestic, export HRC prices
Turkish mills further reduced their hot-rolled coil (HRC) prices for both the domestic and export markets last week, mainly due to weak demand, market participants tell Kallanish.
Mills' asking prices for the local market have declined to $580-600/t ex-works in the past week for December-rolling HRC, with deal prices reported in the lower end of the offered range, buy-side sources informed. This follows a reduction in asking prices to $600-610/t ex-works for…
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Anonymous
Very good overview of the weekly steel market.
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