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01 Dec
14:26

Turkish HRC prices continue to decline

Softening sentiment continues to dominate the Turkish hot rolled coil market, with the collapse of the lira clouding the domestic demand outlook. The market is reasonably stocked with imported and domestic material, and relatively long lead times for such a volatile market continue to keep buyers at bay, market participants tell Kallanish. From around $900-920/tonne ex-works just over a week ago, domestic HRC offers for February-rolling material have declined…
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