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07 Dec

Turkish flat steel market surges

Turkey’s domestic flat steel market continued to surge during the week to Thursday, market participants inform Kallanish. Despite an anti-dumping investigation on hot rolled coil originating from China, Russia, India and Japan, Chinese suppliers were actively selling material last week to re-rollers and pipemakers. Traders reported more than 120,000 tonnes of sales done at slightly above $600/tonne cfr Turkey. Local mills were offering HRC at $700/t ex…
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