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03 Feb

Turkish HRC market remains firm, demand concerns rising

Turkish hot rolled coil prices are plateauing at new, higher levels, as offer volumes decline and mills are apportioning capacity for the coming months. Higher activity in the export market is also tangible, Kallanish observes. The market remained firm last week, as some mills pushed offers slightly beyond $800/tonne ex-works in the domestic and $750-760/t fob in the export markets. But not all mills were in the market, as one producer had already sold out its Apr…
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