Russian steel producer Severstal's December production hot rolled coil (HRC) ex-works quotations have declined by $10/mt as compared to last month's list prices. However, the mill's offers for Turkey have remained stable as compared to its price levels for the Turkish market during October.
Severstal's HRC and cold rolled coil (CRC) offers to Turkey are as follows:
Product | Tonnage (mt) | Price ($/mt) |
20,000 and above | 570 | |
3,000 and above | 695-715 |
The above prices, which are on CFR basis, are for shipments in late January and in February.