Ukrainian flat steel producers have increased their August production hot rolled coil (
HRC) offers for the Turkish market by $25-30/mt as compared to their offers for July rolling.
Accordingly,
Ilyich Iron and Steel Works of Mariupol (
Ilyich) is currently offering
HRC to the Turkish market at $565-570/mt CFR, while
Zaporizhstal's
HRC offers are at $585-590/mt CFR, both for August production.
In the meantime, it is reported that Ukrainian steelmakers'
HRC allocations for the Turkish market are on the low side.