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Russian hot rolled coil export prices have been following the uptrend in line with rising European and Turkish domestic prices, but their momentum is running out of steam as demand remains lacklustre, Kallanish learns. From offers and sales at around $540-560/tonne fob Black Sea in the very end of August, Russian HRC offers have increased by around $30-40/t depending on volume and destination, with some traction gained in Turkey and the Middle East in western…
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