Ex-Russia HRC and CRC offers to Turkey

SteelOrbis has been informed that Russian mill Severstal has offered hot rolled coil (HRC) to Turkey at the base price level of $635/mt CFR FO for deliveries to K.Eregli, Zonguldak, Diliskelesi and Gemlik. This producer has also offered cold rolled coil (CRC) to Turkey at the price level of $775/mt CFR FO for deliveries to K.Eregli, Zonguldak, Diliskelesi and Gemlik. All offers are for Severstal's September production. It heard that Severstal's CRC allocation for export is at very low levels.