Russian CRC in Turkey

Thursday, 25 August 2005 11:20:59 (GMT+3)   |  
       

Russian CRC in Turkey

Russian producer MMK production cold rolled coils are offered at $520/mt CFR in Turkish market, while the same material ex-Severstal of Russia is offered at $525/mt CFR. Sources report that cold rolled coil availability in Turkish market is tight. Therefore, cold rolled prices have gone up $10-15/mt. The producers have obviously been successful in their production cuts. Imported cold rolled coils are sold in Turkish market at $550/mt+VAT, while cold rolled sheets are sold at $560-580/mt+VAT. The price for cold rolled coils in scarcely found sizes reaches $610/mt+VAT.

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