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15 Jun
18:48

Turkish HRC market continues to weaken

Turkey’s hot rolled coil market continued to deteriorate over the course of the past week, amid arrivals of imports booked at considerably higher prices and declining bids for Turkish and imported material. Mills are considering production cuts, as there appears to be little to support prices with demand plunging, market participants tell Kallanish. After a wave of new enquiries in the wake of the Indian 15% export duty implementation late in May, Turkish bu…
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