Turkish merchant bar prices follow diverse trends
In the past two weeks, Turkish merchant bar prices have increased by TRY 120/mt on lira basis.
In the past two weeks, Turkish merchant bar prices have increased by TRY 120/mt on lira basis.
After the drop in ex-China HRC offer prices last week, the trend has reversed this week given the recovery of futures prices.
Indian hot rolled coil (HRC) exporting mills have attempted to aggressively push prices up over the past week.
Chinese domestic manganese ore prices have either moved sideways or slightly upward during the past week.
Prices for import HRC in the Vietnamese market have increased further.
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SteelOrbis has been informed that as of January 25 ex-China stainless steel coil export prices move sideways.