Import plate demand in Turkey is still poor. Macedonian plate offers to Turkey have increased by $30/mt as compared to two weeks ago due to the higher hot rolled coil (HRC) prices in Europe, while ex-Ukraine plate offers have remained stable over the same period.
Currently, steel plate offers to Turkey given by Ukraine-based Alchevsk Iron and Steel Works are standing at $550/mt CFR, while another Ukrainian producer Ilyich Iron & Steel Works is offering plate to Turkey at the base price level of $550/mt CFR - both for shipments in November. In addition, Macedonia-based Makstil's offers are now standing at $770/mt CFR Turkey for October deliveries.
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