Fastmarkets’ assessment of steel hot-rolled coil, domestic, exw Turkey
was $885-900 per tonne on Friday, down $25-30 from $910-930 per tonne one week prior
Offers for HRC in the local market were reported at $885-900 per tonne ex-works, depending on a supplier. This is down from the most recent deals heard in the market at $910-930 per tonne in the first half of November.
“Local prices started to fall on low offers from China, on one hand, and fulfillment of [European Union] quotas and high...