The Turkish steel mills increased the steel sheet prices by USD 5 per tonne to USD 10 per tonne this week.

At present, the ex factory prices of hot rolled coils are at USD 620 per tonne to USD 630 per tonne in Turkey. Meanwhile, the Turkish mills offered HRC quotes at USD 620 per tonne FOB to Europe which are unfavorable to European buyers.

Traders predicted that the HRC prices might remain stable at USD 620 per tonne to USD 640 per tonne in July.

Source - YIEH.com

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