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19 Jul
16:33

Turkish HRC market gets stuck in holiday limbo

Turkey’s domestic and export hot rolled coil markets remained in a lull in the past week, and are expected to continue to drift this week amid major public holidays placing trading on hold, Kallanish notes. In the absence of active buying interest, producers kept offer indications flat on-week at $1,040-1,060/tonne ex-works, with one supplier indicating $10-20/t higher, somewhat traditionally. Buyers were hard to entice, as the combination of lower-priced im…
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