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15 Nov
16:44

Turkish HRC remains under import pressure

Turkey’s hot rolled coil market continues to receive high volumes of import offers at lower prices, but uptake of these has slowed somewhat amid progressively softening sentiment. Not unusual for November, buyers in domestic and export markets are winding down activity to reduce stock levels, the move further exacerbated by volatile Chinese HRC export offerings, Kallanish hears from market participants. There has been more talk and action around Chinese…
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