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04 May
17:00

Turkish domestic HRC price rises limit activity

The Turkish domestic hot rolled coil market has quietened down in the past week as domestic mills kept offers high and import offers were rising also. The majority of pressure comes from long lead times and major consumers' negative margins, stemming from the disparity in demand for various products, Kallanish notes. Sales were sparse in the domestic market last week, made in the range of $1,050-1,080/tonne ex-works for remaining August and some September tonn…
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