Turkish hot-rolled coil prices were mostly stable on Friday July 26, due to the summer slowdown and a reduction in end-user consumption, but export prices nudged up, sources told Fastmarkets.
HRC exportsTurkey's export price for HRC increased because Turkish mills are already booked until late September and would not give a discount to buyers because the export price is already $20 per tonne lower than the domestic price for HRC. Producers are unlikely to accept any price below $500 per tonne fob.Fastmarkets' weekly price assessment for steel HRC, export, fob...