12
Oct
16:04
CIS coil prices retain downward dynamic
Prices of hot and cold rolled coil from CIS producers continued to move down last week, driven by competition from Latin America in the Southeast Asian market, and ongoing Turkish price weakness, Kallanish learns from market sources.
After the quiet of the Chinese National Day holiday, some traders were expecting prices to stabilise. But the negative Turkish dynamic continues to weigh on the Black/Mediterranean Sea coil market, with prices likely to sustain…
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Anonymous
Very good overview of the weekly steel market.
Anonymous