Although inquiries for Turkish hot rolled coil (HRC) from European buyers have increased over the past week, most of these inquiries have failed to result in deals since Turkish buyers’ HRC offers are considered to be on the high side and demand is still weak accordingly. Turkish steel producers’ HRC offers to the export markets have increased by an average of $20/mt week on week to $415-425/mt FOB, while buyers’ firm bids are heard to be at $400/mt FOB.