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29 Aug
12:52

Turkish HRC lags in Vietnam market penetration

Vietnamese importers and traders of hot rolled coil continue to observe the impact of Turkish material in their market, Kallanish  notes. Vietnamese market sources report hearing that some deals closed with traders for Turkish hot rolled coil last week have been reneged. The deals were heard to have contracted at $580/tonne cfr which is far below prevailing market levels. A Vietnamese importer believes that the traders involved were unable to get th…
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