08
Jun
12:43
Imports, long lead times pressure Turkish HRC sentiment
The influx of new, lower-than-domestic hot rolled coil import offers to Turkey has contributed to the continuation of slow sales in the Turkish market. Mills’ high prices coupled with long, up-to-October lead times are repelling buyers, who can obtain lower-priced alternatives with shorter delivery times.
Indian imports have dominated the Turkish market in the past week, although some CIS and Chinese material was also booked. Starting at aroun…
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Anonymous
Very good overview of the weekly steel market.
Anonymous