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25 Jan
16:24

Turkish HRC rebounds on lower supply, restrictions

The Turkish hot rolled coil price decline has reversed after news of output restrictions due to energy supply problems forced buyers back to the market. Alternative import offers at close-to-domestic prices have supported a domestic Turkish HRC price revival, with mills selling out large April-rolling volumes and increasing prices, Kallanish observes. Turkish mills are implementing temporary production cuts, with one producer losing around 30,000 tonnes of crude s…
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