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11 Jul
16:21

Turkish HRC offers move higher, buyers unmoved

In line with rising prices for imported ferrous scrap and solidifying sentiment, Turkey’s hot rolled coil offers regained some of their value before the country began a ten-day-long holiday from Monday. Having declined consecutively by around $625/tonne since mid-March to around $660-680/t ex-works the week prior to last, Turkish HRC offers regained at least $30-40/t last week as they followed up rising scrap prices. Some mills increased prices hig…
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