The Turkish SS HRC market closed December xxxx with a small increase of x.xx, giving a ray of hope to the sector, which has remained under strain throughout the year. The Turkish stainless steel sector has faced significant challenges in the first months of xxxx, under the strong impacts of low-cost SS HRC from the Far East, affecting their production planning. But, with the decrease in inflation rates and exchange rates stabilizing, the steel sector may get some breathing space from the start of xxxx.
On the production side, the prices for stainless flat products are expected to continue their upward movement, although the consolidation of these gains may occur for a longer period than anticipated. European producers have announced SS HRC price increases of some €xx per tonne for the delivery of SS HRC in December and are considering...
