03
Nov
16:25
Turkey’s September slab arrivals collapse
Merchant slab arrivals into Turkey practically collapsed in September, a reflection of domestic re-rollers’ complete absence from the market for almost three months after Ramadan and during the first half of the summer.
The standoff between Turkish buyers and CIS sellers saw prices of slab at around $960/tonne cfr Turkey in late May, when values peaked, fall to around $850-860/t cfr in early August when Turkish mills started booking CIS materi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous