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08 Feb
15:28

Turkey HRC pricing weakens amid China holidays

The flat steel market in Turkey is subdued, as market participants express skepticism about the traditional pattern of price increases following China's New Year, leading to slight downward pressure, Kallanish hears from market participants. The trading activity from China, the recently emerged primary exporter of hot rolled steel into Turkey, remains minimal, following the active trading in January at prices $590-595/t cfr for April arrivals. The most r…
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