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07 Jun
16:20

Turkey receives first Saudi slab in April

Arrivals of merchant slab into Turkey have declined on-month in April after four consecutive months of increases. But the volumes rose on-year, pushing four-month total arrivals higher still. The high volume of slab imports continued to reflect the initial rebound in the Turkish flat steel market mid-January, in tandem with the European demand and prices. April arrival volumes were booked in late January-February, when Russian and Ukrainian slab prices …
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