SteelOrbis has learned from market sources that Russian steel producer Magnitogorsk Iron and Steel Works (
MMK) is offering May production cold rolled coil (
CRC) to
Turkey at $745-750/mt CFR.
The Russian producer has not provided any hot rolled coil (HRC) offers to the Turkish market, since it prefers to supply HRC to the Turkish market via its Iskenderun-based subsidiary
MMK Metalurji.