31
May
17:08
Turkish CRC offers soften, lead-times, competition hamper exports
With September-rolling volumes sold, one Turkish flat steel producer has started offering October-rolling hot rolled coil in the export market. The price of €1,030/tonne ($1,259) cfr Europe includes freight and anti-dumping duty, and nets back to around $1,165-1,170/t fob Turkey, Kallanish calculates.
Although it is a workable price level, there are ample offers from Asia, at slightly lower prices, with some Vietnamese material booked in Spain and Italy at be…
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Anonymous
Very good overview of the weekly steel market.
Anonymous