Turkish hot rolled coil prices remain on the downtrend, tracking softening scrap prices and limited demand in export markets. The first half of August is likely to be even quieter, but orders are expected to increase in volume in the second half of the month, market participants tell Kallanish.
From $680-700/tonne ex-works ten days ago, Turkish mills’ official HRC offers have not declined much, but there is a clearer understanding they will reduce …
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