09
Jun
15:31
Turkish HDG, CRC prices slip on Asian competition
Following months of increases, prices of cold rolled coil in Turkey lost almost $100/tonne last week, as some producers, spooked by China's aggressive offering, reduced offers.
Having peaked at $1,470/t ex-works around ten days ago, offers of Turkish CRC from some suppliers declined to $1,380/t ex-works late last week, albeit they then rebounded again promptly on China's positive signals. A supplier sold considerable volume at this price, but then promptly…
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Anonymous
Very good overview of the weekly steel market.
Anonymous