Foreign steelmakers have been leaving the Turkish flat steel import market to prepare new offer levels. Meanwhile, flat steel demand in
Turkey has been focusing on domestic production as import offer prices have been found to be on the high side. The number of flat steel import transactions in February was lower than in previous months.
Some foreign mills are no longer giving offers to
Turkey, but the latest prices are as follows: ex-
Romania hot rolled coil (
HRC) offers to
Turkey are at $630-640/mt CFR, while Ukrainian offers to
Turkey stand at $590-595/mt CFR. Meanwhile, ex-
Russia HRC offers can be found at $620-640/mt CFR and Slovakian
HRC prices for
Turkey are at $620-630/mt CFR.
On the other hand, Ukrainian cold rolled coil (
CRC) offers to
Turkey are at the level of $670-675/mt CFR, while Russian
CRC offers are ranging at $700-730/mt CFR. In addition, Romanian
CRC offers are at $725-730/mt CFR.