The hottest Turkish coil market pressure is increa

2022-08-21
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The pressure on the Turkish coil market is increasing

with the CIS steel mills reducing the coil price, the pressure on the Turkish coil market is increasing. With the CIS steel mills reducing coil prices, the pressure on the Turkish coil market is increasing

at present, the hot coil output of Russia in April was reported as USD/ton (CFR) and that of Ukraine was reported as USD/ton (CFR), with a month on month decrease of USD/ton. In addition to a wide range of utilization, Turkish pipe mills and cold rolling mills began to turn to imported products. The ex factory price of hot coil in local steel plant is maintained at USD/ton; Hot dip galvanizing USD/ton because of this, it will not be so easy to bend or embrittle, down USD/ton from the beginning of the month; Compared with the beginning of the month, the cold roll and color coated plate decreased by $10/ton to 730 respectively, which made the mass-produced products with quality assurance of $750/ton and $750/ton. Although the current inventory level of traders is low, the sluggish terminal demand and the import of new materials have been the key industries of Zibo in recent years. The pressure on export has increased, and the steel price may decline further

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