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12 Feb
14:52

Turkish coated flats hike flounders on subdued demand

Turkish demand for cold-rolled and coated flat steel remained subdued, as attempts by producers to raise prices were met with scepticism from customers, market participants inform Kallanish.  Sellers and buyers are preferring to wait for a clearer price direction after the Lunar New Year holiday in Asia. Some participants cite the upcoming municipal elections in Turkey scheduled for 31 March, suggesting they could boost the country’s demand, especially…
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