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08 Apr
16:18

Turkey’s February slab arrivals soar, all from Russia

Turkey's slab imports increased again in February, after the January rise, reflecting Turkish flat steel producers' return to restocking after booking a large – around 200,000-tonne – quantity of Russian slab last October. Turkish producers returned to restocking around December, when slab prices fell sharply in response to much lower-priced bids, and in expectation of the removal of the Russian ferrous export duty from 1 January. Offer prices …
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