During the past week, demand for imported flat steel in Turkey has remained slack. Market sources report that flat steel demand has been negatively impacted by the political uncertainty in the country.
Meanwhile, import HRC (hot rolled coil) offers to Turkey from Russia have remained unchanged during the past week at $355-365/mt CFR, while Ukrainian HRC offers have decreased by $5/mt week on week to $340-350/mt CFR.
In the same period, cold rolled coil (CRC) offers to Turkey have remained stable, with Russian CRC offers are $425-435/mt CFR and Ukrainian CRC offers are $435-445/mt CFR.