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07 Jan
12:55

Turkish slab imports remain low in November

Turkish merchant slab arrival volumes decreased again in November after plunging in September and recovering somewhat in October. The low import volumes were on the back of Turkish re-rollers' reluctance to purchase slab at high prices amid the ongoing softening of hot rolled coil prices since early summer. Instead, whenever possible, Turkish flat steel producers switched to making the maximum tonnage possible of slab themselves from scrap, instead of producin…
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