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15 Feb
17:11

CIS HRC prices climb on low availability

The CIS hot rolled coil export market remains tight amid limited supply and rising prices, but offers are extremely scarce and likely to stay that way for at least another month, market participants tell Kallanish. Turkey’s ongoing HRC demand and price rally produced very few sales in the past week amid limited availability of CIS material. A Russian supplier sold around 30,000 tonnes of HRC in Turkey, following a long absence in the market due to lengt…
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