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28 Jul
16:19

Turkish mills raise October HRC amid costlier imports

Higher import quotes coupled with shorter lead times for domestic material mean Turkish producers have the upper hand in their market. This has enabled them to increase domestic and export prices, despite relatively weak demand, market participants inform Kallanish. Early last week, hot rolled coil prices were still heard falling, reaching $635-670/tonne ex-works for September-shipment material. However, by the end of the week mills started quoting October-shipmen…
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