06
Jul
16:45
Turkish slab arrivals slack, buyers in negotiations
Arrivals of slab into Turkey in May declined again on-month and rose on-year, leaving five-month import volumes slightly down on-year, Kallanish notes.
The continuing decline in slab import volumes underlines Turkish steel producers' higher reliance on producing as much slab for re-rolling as possible on the back of the unprecedented rise in slab import prices. This is despite slab offers being driven by equally strong hot rolled coil demand and rising prices …
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Anonymous
Very good overview of the weekly steel market.
Anonymous