Demand in the import hot rolled coil (HRC) market in Turkey has remained sluggish this week, with buyers continuing to postpone their purchases until after Ramadan. Late last week, one Turkish buyer concluded an ex-Ukraine hot rolled coil (HRC) deal at $380/mt CFR, while another Turkish buyer booked cold rolled coil (CRC) from Ukraine at $430/mt CFR.
Meanwhile, after the latest deal concluded, ex-CIS HRC offers to Turkey have decreased by $10/mt week on week to $370-390/mt CFR.