Offers of September production hot rolled coil (
HRC) from Russian mill Magnitogorsk Iron and Steel Works (
MMK) to
Turkey are currently given at $740-750/mt CFR, up by $10-20/mt from the steelmaker's offers for its August production. Meanwhile,
MMK's cold rolled coil (
CRC) offers to
Turkey are still standing at $850/mt CFR, also for September rolling.