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13 Feb

Turkish HRC offers plateau, buying limited following earthquake

Turkey’s hot rolled coil market remains plateaued following last week’s earthquake that claimed thousands of lives and paralysed commercial activity, Kallanish observes. Although some offers were still formally present in the domestic market at the previous week's levels of around $780-800/tonne ex-works for May-production material, there was very little buying interest. This changed somewhat towards the end of the week, when it became clearer that…
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