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22 Jan
16:01

Turkish market accepts latest CIS-origin coil prices

CIS mills have managed to sell hot- and cold-rolled coil to Turkey, after raising prices since their return to the market from holidays in January. This is despite generally weak demand, market participants tell Kallanish. One Russian mill sold February-rolling HRC to re-rollers at $620/tonne cfr Turkey last week and at the end of the week before, various sources confirm. Late last week, the mill was said to be fully booked for February production and out o…
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