MMK reduces HRC and CRC offers for Turkey

Monday, 18 April 2011 16:08:44 (GMT+3)   |  
Price levels of May production hot rolled coil (HRC) from Russian mill Magnitogorsk Iron and Steel Works (MMK) to Turkey are currently given at $700/mt CFR. Meanwhile, MMK's cold rolled coil (CRC) offers to Turkey are at $820/mt CFR.
 
Both offers indicate a decrease of $80/mt, as compared to MMK's offers for April production.

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