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31 Mar
16:56

Turkish HRC explodes back into life

The Turkish domestic flat products market has burst back into life after a short pause prompted by offers reaching $900/tonne ex-works for July-rolling hot rolled coil ten days ago. With this level now exceeded in transactions, those waiting for lower-priced HRC offers on the back of cheaper scrap are faced with even higher prices, not only from Turkish mills but for imports too. The latter have risen around $40-50/t to the same level as domestic prices, Kallanish…
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