Ex-CIS HRC offers fail to attract anticipated demand
Last week steel mills from the CIS announced their June rolling hot rolled coil (HRC) prices at the level of $570-595/mt FOB, but they have been unable to attract sufficient demand from the export market. While no deals have been concluded so far to Turkey, the weakening of the Turkish lira against the US dollar has negatively affected demand for the ex-CIS offers. In addition, as flat steel demand in the export market is not anticipated to recover in the short term, the CIS mills will likely revise their offers downward again for their June production or may reduce offers depending on order volume.
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.