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19 Jul
16:37

Russian coil prices to Turkey increase as expected

Russia-origin hot and cold rolled coil price offers to Turkey have increased further this week, in line with expectations in the market, market participants tell Kallanish. A Russian mill was heard offering HRC at up to $530/tonne cfr Turkey for end-September delivery. Its CRC prices were suggested at minimum $60/t higher than the HRC level. The same mill was silent in the Turkish market last week, while raising its prices to other export markets by $10/t o…
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