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09 Jun
15:19

CIS-origin coil prices in Turkey largely fllatten

CIS mills have attempted to slightly raise their coil price levels in Turkey with the new offers announced in the past week. The market, however, is expecting the prices to fall, sources suggest to Kallanish. Russian and Ukrainian producers are currently asking $460-475/tonne cfr Turkey for HRC to be delivered in August, according to traders. This is up by $5-10/t over the price levels workable in the last week of May but stable compared to the earlier anno…
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