Russian flat steel offers to Tunisia

SteelOrbis has been informed that offers given by Russian steel producer Magnitogorsk Iron and Steel Works (MMK) to the Tunisian market for its April production hot rolled coil (HRC) are standing at the price level of $800/mt CFR, while its April production cold rolled coil (CRC) offers are at $920/mt CFR, both for payment by letter of credit.
 
Meanwhile, SteelOrbis has further learned that another Russian steelmaker Novolipetsk Steel (NLMK) is offering April production HRC to the Tunisian market at the price level of $855/mt CFR for 120-day deferred payment.
 
All the abovementioned offers indicate a decrease of approximately $50/mt as compared to offers given for March production.