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04 Apr
15:32

Turkish HRC market remains in lull

The hot rolled coil market in Turkey continued to lull last week, pressured into inactivity by increases in energy prices, expensive and scantly-available semi-finished products, and the lira’s ongoing weakness. High volumes of purchasing in the first half of March at high prices and the beginning of Ramadan have also contributed to inactivity, Kallanish observes.  Only July-delivery HRC tonnages are available in the domestic market, at u…
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