TURKEY COATED FLAT STEEL: Weak buying stalls price action

January 01, 2021 / www.metalbulletin.com / Article Link

Steel coated coil prices were unchanged in Turkey's local market over the week due to low demand during the last week of the year, sources told Fastmarkets on December 31.

Most companies are busy with their 2020-end inventory calculations in the last week of the year, which is keeping participants away from the market, sources said.
Additionally, many of Turkey's traditional export markets have been celebrating the Christmas and New Year holidays over the assessment week.

Hot-rolled coil (HRC) prices fell during the week in...

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