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07 Mar
16:57

Turkish HRC leaps further amid supply disruption

The Turkish hot rolled coil market has exploded in the past ten days, ignited by the disappearance of CIS supply in the international market following Russia's invasion of Ukraine. Demand for Turkish material has meanwhile skyrocketed in both domestic and export markets. The dynamic is exacerbated further by the long-standing shortage of available slab to feed Turkish rolling mills, and daily scrap and other feedstock price increases. Buyers are scramblin…
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