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02 Oct
16:13

Turkish coated flat steel demand remains weak

Demand for coated steel in Turkey remained weak domestically and in export markets during the week to 2 October, market participants inform Kallanish. Despite Turkish industrial users facing a 20% hike in electricity and natural gas prices from October, the cost increase has not yet been reflected in coated steel prices amid weakened demand and deteriorating market sentiment. Domestic buyers purchased only the minimum requirements of coated steel to replenish mis…
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