Demand for import hot rolled coil (HRC) in Turkey has remained slack this week, just like in the previous week, while no new official ex-CIS HRC offer has been heard in the market in the same period. However, CIS-based exporters are trying to test Turkish buyers with price levels of $440-470/mt CFR, but they are not officially giving offers due to the weak demand from Turkey.
Meanwhile, ex-India HRC offers to Turkey have decreased by $30/mt on average week on week to $420-440/mt CFR this week.