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16 Apr

Turkish domestic coil prices ease on weak sentiment

Turkish domestic hot- and cold-rolled coil prices have corrected by some $10/tonne in the past week as market sentiment somewhat worsened, although demand was unchanged on-week, market participants tell Kallanish. Local mills' offer prices for June-rolling HRC have mainly consolidated at around $650/t ex-works. Still, this has not triggered demand and the interviewed buy-side sources keep expecting deals to happen at $630-640/t ex-works for June-ro…
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