EU Registers Turkish-Origin Steel Mesh Imports
📊 EREGL — Piyasa Yorumu
▼ down · 35%The EU's registration of Turkish-origin steel mesh imports can be interpreted as a preliminary step toward a possible anti-dumping investigation, creating uncertainty on the export side for EREGL. However, the news does not impose a direct ban or additional tax; it is only a registration process, so the impact may be limited and short-term. Technical indicators are currently neutral-positive: the price is above SMA20 and SMA50, RSI is around 56, and MACD is slightly above the signal line. This outlook could offset potential selling pressure from the news. Nevertheless, trade measures against the steel sector, along with news flow, could increase downside risk; I expect a slightly negative trend in the 1-3 day horizon.
📊 KRDMD — Piyasa Yorumu
▼ down · 55%The EU's registration of Turkish-origin steel mesh imports can be interpreted as the first step toward a possible anti-dumping investigation and represents a negative news flow for KRDMD in the short term. However, the share of steel mesh in the company's total exports may be limited; therefore, the impact could remain moderate. Technical indicators already point to a weak trend: the price is below the 20-day SMA (46.27) at 46.0, MACD is negative and below the signal line, while RSI is in neutral territory. Selling pressure may increase with the news, and the 45.63 (50-day SMA) level could be tested. Nevertheless, since the news does not yet include concrete sanctions and the market reaction remains limited, a definitive downtrend may not begin; caution is warranted.