08
Jul
15:47
Turkish slab arrivals collapse in May
Merchant slab arrivals into Turkey collapsed in May, reflecting Turkish slab re-rollers' lasting withdrawal from the market in February.
Notably, the slab supplied in May was of UK origin, as a result of a combination of low Turkish appetite for slab starting in February and the coinciding vacuum in Russian and Ukrainian supply. The May drop follows several months of rising slab arrivals in Turkey, although April arrivals were also lower on-month, but consider…
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Anonymous
Very good overview of the weekly steel market.
Anonymous