09
May
11:23
Asian slab suppliers to Turkey could move downstream
Malaysia and Indonesia are likely to retain their positions as major suppliers of slab to Turkey through 2024, but could later move down the value chain and replace slab with hot rolled coil supply once capacities come online, Kallanish notes.
Looking at 2023, Russia maintained its position as Turkey’s primary slab supplier, accounting for 57% of market share, although this declined from 83% in 2022 (see table below).
Sanctions, payment difficulties, and th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous