07
Feb
17:13
Market rejects Turkish CRC rises, HDG catches on
Prices of cold rolled and hot-dip galvanised coil continued to rise over the past week in Turkey, in line with gains in hot rolled coil and power restrictions curbing output.
The power restrictions have been lifted this week (see Kallanish passim).
Buyers have however become more cautious and purchases are very few, in both domestic and export markets. Mills increased offers quite significantly, by around $40-50/tonne on-week to $1,140-1,170/tonne ex-works and $1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous