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24 Apr
17:08

Turkish CRC/HDG prices flatten, downwards pressure continues

Turkish domestic cold-rolled coil (CRC) and hot-dipped galvanized (HDG) prices have stabilised in the past week. However, demand remains weak and falling HRC prices are exerting pressure on derivative products, market participants tell Kallanish. Local producers offer June-rolling CRC at prices in the $700-740/tonne ex-works range, flat since the second week of April. Workable prices were suggested in the lower end of the range, according to the interviewed buye…
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