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30 Mar
17:43

Turkish coil prices steady but may decline

Turkish domestic prices of hot- and cold-rolled coil have remained flat over the week, but the prevailing expectation is for a downwards correction, market participants tell Kallanish. After having closed their May-rolling order books last week at ex-works offer levels of $550-560/t for HRC and $650-660/t for CRC, local mills are now expected to come up with June-production offers.  Prices in the spot market remain steady at $540-550/t for HRC and a…
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