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03 Nov
14:55

Turkish HRC prices fall after week of stability

Turkish domestic and export hot-rolled coil prices have decreased in the past week, reflecting mainly weak demand, market participants tell Kallanish. Local mills are already asking $570-580/t ex-works for HRC, down $10-20/t on-week, but still for December-production material. The booking price level has declined to $560/t, with bids down to $540-550/t, according to buy-side sources. The price reduction seen last week followed a week of stability in Turkish H…
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