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26 Sep

Turkish HRC prices stagnate, activity low

Turkey’s hot rolled coil market remained largely unchanged last week, despite buyers still endeavouring to buy at lower-than-offers prices, Kallanish observes. Turkish mills were seen keeping their offers in the same $670-690/tonne ex-works range, with the lower end less readily available as news of Russia’s mobilisation mid-week propelled expectations of lower Russian HRC availability. But the concerns did not stop some buyers booking Russian HRC, whi…
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