SteelOrbis has learned that major Turkish steel producer Erdemir has increased its domestic hot rolled coil (HRC) and cold rolled coil (CRC) prices by about $20-30/mt.
Accordingly, Erdemir is now offering February production HRC to its local market at $650/mt, and CRC at $780/mt, both ex-works.
While it is yet to be seen whether this price move will gain acceptance in the market, it is thought that it may trigger transaction activity.
Erdemir adjusts local HRC and CRC prices upwards
Marketplace Offers
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness
0.4 - 2.5 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness
0.8 - 5 mm
Width
1,150 - 1,850 mm
Coil
R
Tedarikçi
SAMBHV SPONGE POWER LIMITED