Severstal material for Turkey

Monday, 12 March 2007 14:23:38 (GMT+3)   |  
SteelOrbis has learned that, due to strong domestic market conditions, Russian steelmaker Severstal is not in a situation to allocate material from its April production for export to Turkey for June delivery. It is said that bids around $50/mt over the March price level are invited to check availability but without guarantee. Severstal's March production prices for Turkey were at $600/mt CFR for HRC, and at $680/mt CFR for CRC.

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