Flat rolled offers from Russia to North Africa

SteelOrbis has been informed that price levels of Russian producer Magnitogorsk Iron and Steel Works (MMK) to the Tunisian market for its June production hot rolled coil (HRC) are standing at $750/mt CFR, remaining unchanged as compared to last month, while its June production cold rolled coil (CRC) offers are at $870/mt CFR, up $10/mt month on month, both for payment by letter of credit.
 
Meanwhile, SteelOrbis has further learned that another Russian steelmaker Novolipetsk Steel (NLMK) is offering June production HRC to the Tunisian market at the price level of $780/mt CFR, increasing by $20/mt. However, NLMK is not offering CRC to Tunisia for the time being.