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28 Mar
18:46

Low demand, incoming imports supress Turkish HRC activity

Turkey’s hot rolled coil market remains quiet this week, with low demand reported from local buyers and large import tonnages expected to arrive from April, adding pressure on prices, market participants inform Kallanish. Turkish domestic mills are offering HRC in the range of $820-850/tonne ex-works, compared to $840-870/t ex-works two weeks ago. The low end corresponds to MMK Metalurji material of April-May production, the mid-point to Erdemir of Jun…
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