Hot rolled coil offers to North Africa

Tuesday, 15 September 2015 10:40:20 (GMT+3)   |   Istanbul
SteelOrbis has been informed that due to declines seen in global flat steel prices, demand for hot rolled coil (HRC) in the North African market has slowed down during the past week and is currently at weak levels. During the period in question, HRC offers from the CIS region to North Africa have moved down by $5/mt on the lower end and decreased by $15/mt on the upper end to the range of $320-330/mt FOB. Buyers are postponing their purchases against the backdrop of the anticipation of a further decline in HRC prices.

Marketplace Offers

Hot Rolled Coil

Thickness 2 mm
Width 1,500 mm
Coil  R
  S235JR
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
View Offer

Hot Rolled Coil

Thickness 2.5 mm
Width 1,200 mm
Coil  R
  S235JR
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
View Offer

Hot Rolled Coil

Thickness 2.5 mm
Width 1,000 mm
Coil  R
  S235JR
Tedarikçi YÜCEL BORU VE PROFİL END. A.Ş.
View Offer

Similar articles

Local North African HRC demand supportive amid tepid exports, Russia resumes offers

North Africa focuses mainly on local and import HRC, exports stall

Algeria raises local longs prices amid restocking expectations, HRC offers stable

North African HRC mills struggle to export, focus on local sales despite limited demand

Algeria to focus on local and regional HRC trade, likely to increase slab exports in mid-term

Egyptian and Algerian HRC mills still focus on local sales amid low export demand and prices

Ex-North Africa HRC export trade quiet as bids soften

North African HRC export prices under pressure, domestic offers stable

Egypt’s HRC prices stable, import activity quiet due to safeguard restriction

Algeria returns with higher local HRC prices and high export targets