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18 Jan
15:25

Turkey's flat steel market feels Asian supply pressure

Turkey’s domestic producers maintained steady pricing for hot and cold rolled, and coated flat steel amid aggressive imports from China at descending prices, market participants inform Kallanish. Turkish domestic HRC prices remained unchanged for the third consecutive week, amid modest increases in export quotes during the same period. This was in contrast to dropping import prices, particularly from China. The active importing was surprising given the…
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