SteelOrbis has heard from market sources that an ex-
Russia deal has been concluded in Turkey for 50,000-100,000 mt of hot rolled coil (
HRC) at the price level of $460/mt CFR, while the same producer has concluded a deal with another Turkish buyer for 10,000-15,000 mt of
HRC at $465/mt CFR. Both deals are for end of February and March shipments.
Meanwhile, another Russian steel producer's
HRC offers to Turkey are at $420-430/mt FOB, for end of February and March shipments.