UK producers of hollow sections are confident that prices will soon begin to rise on the back of improving coil demand Mills have also expressed some optimism that Turkish imports, which picked up dramatically in the last few months of 1999 after falling in the summer months, could be pared back by strong domestic construction demand as large parts of the country start to rebuild after last year's earthquakes.Hollow sections prices are having to go forward, as hot rolled coil prices are going forward said a UK industry source Demand for coil is high However, although coil prices in Turkey have risen this quarter, this has yet to be translated into downstream products. Turkey is offering cold formed hollow sections into the UK at around 101L?45 a tonne for Q2 delivery, said one source-still some ?20-30 below UK producers' target prices.
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