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01 Dec
16:50

Turkish HRC prices bounce back

Turkish domestic hot-rolled coil (HRC) prices increased last week as mills began to quote higher prices for the next rolling cycle, despite weak demand, market participants tell Kallanish. Producers' prices for January-production HRC have firmed up by $5-10/tonne on-week to $550-560/t ex-works, with bookings completed within the offered range. Mills have started offering February-production material at $570-580/t ex-works, inform buy-side sources. …
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