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19 Sep
15:37

Turkish HRC prices slip following hike attempts

Having bottomed in late August, Turkish hot rolled coil prices appear to be moving downwards again, after mills’ brief and rather futile price increase attempts in the last two weeks. Despite higher costs of production and European producers' ongoing price rise attempts, Turkish HRC price hikes have little impetus, constricted by low downstream products demand and prices, and low sales levels, Kallanish observes. Current ferrous scrap dynamics ar…
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