Coking coal trading in standby mode
The number of deals concluded in China has apparently dwindled down almost to nothing with the Lunar New Year holiday approaching.
The number of deals concluded in China has apparently dwindled down almost to nothing with the Lunar New Year holiday approaching.
Prices for imported slabs are expected to keep going up rapidly in Asia as the uptrend in the HRC segment is gaining momentum.
Indian hot rolled coil (HRC) exporting mills have attempted to aggressively push prices up over the past week.
After the drop in ex-China HRC offer prices last week, the trend has reversed this week given the recovery of futures prices.
In the past two weeks, Turkish merchant bar prices have increased by TRY 120/mt on lira basis.