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09 Nov
15:27

Turkish mills further reduce domestic, export HRC offers

Turkish hot-rolled coil (HRC) prices for both the domestic and export markets have continued declining this week, pressed by sluggish demand, market participants tell Kallanish. Mills' asking prices for the home market have lost some $10-20/tonne on-week to $560-570/t ex-works for December-rolling HRC, depending on the producer. However, buyers' bid prices have gone down correspondingly since last week, sources inform. "They were resisting a…
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