Russian steelmaker Severstal has announced its new prices for flat products to be shipped to Turkey. The new price levels, which indicate a significant rise as compared to the prices announced in December, are as follows:
Product | Offer levels |
HRC (small coil) | $735/mt CFR Turkey |
HRC (big coil) | $760/mt CFR Turkey |
$790/mt CFR Turkey | |
CRC Full Hard | $780/mt CFR Turkey |
P&O HRC | $800/mt CFR Turkey |
HDG (0.80 mm-180 gr/m²) | $860/mt CFR Turkey |
CRNGO | $945/mt CFR Turkey |
HRS | $770/mt CFR Turkey |
A36 plate | $845/mt CFR Turkey |
$920/mt CFR Turkey |
The offers are effective for late April 2008 shipments. The Russian local market is getting stronger and purchases for spring have already started. Thus, export tonnage allocated for all products is very limited.