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07 Sep
15:30

Sluggish demand exerts downward pressure on Turkish flats

Turkish flat steel prices are experiencing downward pressure due to sluggish demand in the domestic market during the last seven days to Thursday. Foreign markets have not provided any support to exporters during the week, and there is also a lack of interest in importing flat steel into Turkey, market participants inform Kallanish. Hot rolled coil for November shipment was available from Turkish domestic mills at $650-670/tonne ex-works, with the higher end corr…
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