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23 Mar

Turkish HRC prices look down

The rising trend in Turkish hot-rolled coil (HRC) prices was halted last week and there are some weakening signals, reflecting the bearish market sentiment, market participants tell Kallanish. Local mills are trying to keep domestic prices steady at $670-680/tonne ex-works for end-May and June-rolling HRC, local market sources inform. Some commentators have observed a slight downwards correction by some mills that had tried to test the market with higher of…
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