Ukrainian flats producer Ilyich's commercial plates are currently being offered to Turkey at the price level of $580/mt CFR, whereas the same producer's shipbuilding plates are being offered to the same country at $605/mt CFR. Meanwhile, commercial plates from another Ukrainian producer, DMZ, are being offered to Turkey at the price level of $460/mt CFR. All offers are for February/March shipment.
On the other hand, ex-Italy plate offers to Turkey are also being heard at around the price level of €600/mt ($776/mt) CFR Turkey for new production, and also at base price levels of €490-500/mt ($634-647/mt) CFR Turkey.
In general, it is observed that Turkey's thirteen percent import duty for material coming from non-EU countries has been negatively affecting import demand for CIS origin plates.
€1= US$1.29309