ArcelorMittal's Kazakhstan-based subsidiary ArcelorMittal Temirtau has decreased its domestic offers for November production hot rolled coil (HRC) and cold rolled coil (CRC) by around $30-35/mt as compared to October.
Accordingly, offers of HRC of 2-12 mm thickness from ArcelorMittal Temirtau for November production to local customers are currently given at $660-685/mt ex-works, including VAT. Meanwhile, ArcelorMittal Temirtau's 0.7-2.0 mm CRC offers to the domestic market are at $745-795/mt ex-works, also for November production