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28 Mar
16:45

Turkish HRC market becalms on Asian competition, Ramadan

Turkish hot rolled coil export market activity has slowed down in the past week, following buoyant bookings a week before last. The domestic market remained well-stocked and quiet for the past two weeks, with both import and domestic purchases replenishing re-rollers’ and processors' stocks at peaked prices. Lower-priced Asian export sales of HRC to Europe interfered with Turkish sales last week after the EU’s quota redistribution and Asian ma…
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