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21 May
16:06

Turkish domestic flats prices look down

Turkish flat steel prices have declined in the past week as mills have started selling material from next rolling cycle at reduced prices, reflecting weakened demand, market participants tell Kallanish. Local mills have closed June-production sales and opened their July-rolling order books last week at slightly lower prices on-week. Asking prices for HRC have fallen to $590-600/tonne ex-works, $675-690/t for CRC and as low as $760-770/t ex-works for 0.…
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