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31 Aug
16:09

Turkey flat steel demand remains tepid

Turkey's flat steel market is quiet during this week as market participants wait for developments and strong signals from Europe and Asia. Importing flat steel from Asia is not very attractive, as domestic mills can offer the same or earlier delivery times without price risks. Additionally, there is a persistently low demand in exports, Kallanish notes. HRC from domestic mills is available at $670-680/tonne ex-works, but some market participants report that i…
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