Coated-steel prices in Turkey were stable in the week ending Friday February 22, with demand weak in both the domestic and export markets.
Steel prices increased early February globally following sharp rises in raw materials prices due to supply concerns after Vale's tailings dam accident in Brazil.The incident will result in a 40-million-tonne-per-year production gap for iron ore, Vale said.However, steel demand is far from strong, and prices for raw materials have begun...