Ex-Russia HRC offers negatively impact Turkish CRC market

Thursday, 18 December 2014 17:05:12 (GMT+3)   |   Istanbul
Demand has remained weak both on the mills' side and in the spot market in the Turkish domestic cold rolled coil (CRC) market over the past two weeks, as ex-Russia hot rolled coil (HRC) offers for Turkey are in the attractive price range of $450-485/mt CFR and it is cheaper for Turkish buyers to purchase Russian HRC for rolling into CRC. Therefore, Turkish producers' offers for December production CRC have moved down by $20/mt over the past two weeks to the range of $615-620/mt ex-works.

Spot CRC prices are as follows:

 Product

Price ($/mt)

Eregli

Gebze

0.6 mm CRC

710-730

715-725

0.7-2 mm CRC

670-680

680-690

The offers are on ex-warehouse basis and exclude 18 percent VAT.

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.
View Offer

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.
View Offer

Hot Rolled Coil

Thickness 0.8 - 5 mm
Width 1,150 - 1,850 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

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