14
Mar
14:30
Turkish HRC market freezes amid dropping Chinese prices
The Turkish hot rolled coil market is experiencing sharp declines, primarily driven by drops in China's HRC export prices since the beginning of the week. This has prompted Turkish customers to withdraw from the market, exacerbating the risks of further price falls, market participants inform Kallanish.
Besides the downtrend in China, which is causing Turkish buyers to refrain from purchasing, Turkey's high interest rates, the slowdown during Ramadan, and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous