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03 May

Turkish HRC market remains lulled as indications slip

Turkey’s domestic hot rolled coil market remains in a lull for the third consecutive week amid Eid celebrations, and pressure from lower-priced imports and high stock acquisition in March and early April, Kallanish observes. Export sales have also become sparse as demand is flailing on general weakening sentiment and ongoing lower-priced competition from Asia. Turkish mills are not indicating domestic prices at present, but expectations remai…
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