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30 Jan

Turkish HRC prices plateau, as sales pick up

Turkish hot rolled coil market dynamic continued to firm up last week, reflected in the solid flow of sales in the domestic and export markets, at prices voiced in the week prior. This led to expanding lead times and higher imports offers, before the Chinese market returned from the holidays, heralding a tentative recovery in the short term, Kallanish observes.  Mills kept offers of large tonnages at $750-760/tonne ex-works, with negotiations able to bring th…
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