16
Feb
17:02
Turkish HRC prices benefit from domestic buyers' restocking
Turkish domestic hot rolled coil buyers have returned to the market last week and purchased considerable volumes for, “… the first time in several months,” market sources tell Kallanish.
After some sales were made at $520-530/tonne exw in the previous week buyers withdrew, but came back to higher prices at around $540/t exw last week. Low stocks, which some sources described as ‘emergency levels’, forced them to accept new higher p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous