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03 Mar
09:32

Turkish mills raise HRC prices again

Turkish hot-rolled coil (HRC) prices have increased week-on-week during last seven days as mills raised their May-rolling offer prices amid strong demand, market participants tell Kallanish. Local producers offered May-production HRC at $660-670/tonne ex-works, up $10-20/t on-week. Bookings were suggested in the lower end of the offer price range. Mills are not open to price negotiations as buying is good both in the domestic market and abroad, say buy-side…
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