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13 Sep
15:55

Turkish CRC, HDG prices continue to soften

Turkish cold rolled and hot-dip galvanised coil prices continue to slide amid weak demand in home and export markets, and the ongoing hot rolled coil price weakening. The arrival of lower-priced CRC imports from China, booked amid earlier expectations of export rebate cancellation, is weighing heavily on sellers' price expectations, emphasised further by high stock levels, market participants tell Kallanish. Chinese CRC booked at around $1,020-1,040/tonne cfr …
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