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14 Mar

Turkish HRC plateau continues, demand cools

Prices of hot rolled coil in Turkey in the past week remained relatively flat, although the most recent increases did not stick, Kallanish observes. Turkish mills are now offering June-rolling material at around $840-870/tonne ex-works, having attempted $880/t ex-works early last week, and the lower end of the range has softened by around $10/t.  Although demand remains robust, there is a reluctance to accept increases, with buyers sticking to previous …
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