01
Mar
16:06
Turkish HRC continues to suffer from weak demand
The Turkish hot rolled coil market continued to grapple with subdued domestic and export demand, exacerbated by declining scrap prices, which fuelled widespread pessimism, market participants inform Kallanish.
The country’s high interest rates, inflation, and credit limit constraints continued to impede domestic consumption.
Turkish mills are currently offering HRC for April and early-May shipment. Some mills attempted to sustain prices at $700-710/t e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous