New export tender by Erdemir
Turkish steelmaker
Erdemir announced a new export tender this week for
HRC,
CRC, and HDG products. Closing date is Nov 14th.
Most recent export sales of
HRC were at $430/mt FOB St base for the US and $420-425/mt FOB St base for other markets.
The mill also had a tender for 30'000 metric tons of prime over-rolling
HRC before the end of Ramadan holidays. According to market sources, they received bids of around $370/mt FOB St base; however,
Erdemir did not accept any orders as they did not find the bids good enough.