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21 Nov

Turkish HRC market remains at bottom, sales minimal

Turkish hot rolled coil offers remained largely unchanged in the past week, with concessions for firm bids also still available. But the avalanche of HRC from foreign suppliers has subsided, making space for just a few purchases, at values slightly higher than the previous week, Kallanish observes. As sentiment in China grew more bearish throughout last week, the lowest-priced import offers from China dried out, but other Asian origins were still available, a…
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