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13 Aug
17:01

Turkish HRC price reduction yields sales

Turkey’s domestic hot rolled coil market has re-awakened after a long mid-summer slumber, with prices considerably lower than July levels encouraging buying activity, Kallanish hears. Although some market participants are still holding out for China's export taxation changes to strengthen the prices, Turkish HRC sales are being made at lower levels currently, while mills are still profitable. Some imports from the CIS have also resumed, and the lead…
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