SteelOrbis has learned that following the revised prices announced by Russian steelmaker Severstal yesterday, the producer has hiked its prices by another $10/mt for shipments to Turkey, citing the developments in the market and the strong demand the producer faces.
Accordingly, Severstal's new prices for the Turkish market are as follows:
Product | Offer levels |
$645/mt CFR Turkey | |
$735/mt CFR Turkey | |
P&O HRC | $685/mt CFR Turkey |
HDG (0.80 mm- 180 gr/m²) | $805/mt CFR Turkey |
CRNGO | $895/mt CFR Turkey |
HRS | $655/mt CFR Turkey |
A36 plate | $765/mt CFR Turkey |
$890/mt CFR Turkey |
The offers are effective for late March 2008 shipments.