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17 Nov
16:36

Turkish coil import prices fall on weak demand

Turkish hot- and cold-rolled coil import prices slipped further last week as CIS mills reduced their offers amid sluggish demand, market participants tell Kallanish. Both Russian and Ukraine-origin coil prices have lost some $10-15/tonne week-on-week. This, however, has not resulted in transactions, according to the interviewed Turkish sources. HRC offers from Russia were heard at $540-550/t cfr Turkey, while Ukrainian prices were suggested at $540/t cfr…
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