Hot rolled coil offers given to the Israeli market by Russian mills MMK and NLMK are at around $585/mt CFR LO levels base. MMK price level on FOB basis is reportedly around $550/mt base.
In the meantime, cold rolled coil offers by NLMK for Israeli market are at $640/mt FOB Black Sea base, while offers by MMK mill stand at $670/mt CFR LO base.