Import
plate demand in
Turkey has failed to show any signs of improvement, continuing to remain weak. In the meantime, against the background of increased hot rolled coil (
HRC) prices in the markets, Ukrainian steel producers Alchevsk Iron and Steel Works and
Ilyich Iron and Steel Works have increased their
plate offer prices to
Turkey by $20-30/mt as compared to the first week of January, while Macedonian mill Makstil has cut its
plate offers to
Turkey by $10/mt over the same period. In addition, Bulgarian mill Stomana's
plate offers to
Turkey have remained unchanged as compared to the previous price levels.
Currently, steel
plate offers to
Turkey given by Alchevsk Iron and Steel Works are now standing at $590/mt CFR for April production, while
Ilyich Iron and Steel Works is offering April-May output
plate to
Turkey at the base price level of $590-600/mt CFR. In addition, Makstil's offers are now standing at $700-710/mt CFR for March production and Stomana's offers are at the base price level of €500/mt ($660/mt) CFR for March-April production.
€1 = $1.32