MMK HRC offer for Turkey

SteelOrbis has heard that hot rolled coils ex-MMK of Russia are being offered to Turkey at $585/mt CFR Turkey for August shipment. Russian steelmaker is not accepting bids for hot rolled coils since the material is not available; but it is accepting bids for cold rolled coils since the material's price is not clear yet. Although the hot rolled coil offers are at these levels, bookings are expected to be concluded $10-15/mt lower.