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16 Jan

Turkish HRC price ascent pauses

Turkish hot rolled coil producers' attempts to keep the ascending price momentum going have largely failed during the past week, as only those who kept prices flat on-week appear to have managed some sales. Having risen by around $100/tonne in a month, some Turkish HRC offers were circling $740-750/t ex-works for March deliveries, up by around $10-15/t on-week. But there were still offers at $720-735/t ex-works, depending on terms and quality, which were booke…
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