SteelOrbis has been informed that demand for hot rolled coil (
HRC) in the North African market has increased further during the past two weeks but is still considered to be weak since only transactions for small volumes have been reported in the market.
HRC offers from
Turkey, the CIS region and EU countries to North African countries have moved down by $15/mt on the lower end and decreased by $5/mt on the upper end over the past two weeks to the range of $330-360/mt FOB.