07
Jun
12:38
Turkey's HRC market hopes for EU export revival
Turkey’s hot rolled coil market was predominantly quiet last week amid slow steel consumption in the country due to economic constraints, market participants inform Kallanish.
Turkey's domestic HRC market continued suffering from high inflation and interest rates. “There is no money in the economy,” a market participant says.
Turkey raised interest rates in March by 500 basis points to 50%, citing a worsening inflation outlook, and has since…
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Anonymous
Very good overview of the weekly steel market.
Anonymous