SteelOrbis has learned that following the prices announced by Russian steelmaker Severstal, the producer has hiked its prices by $15/mt for shipments to Turkey, citing the uncertainty in the freight market, the rise in freight rates and the strong demand the producer faces. Accordingly, Severstal's new prices for the Turkish market are as follows:
Product |
Offer levels |
$635/mt CFR Turkey |
|
$725/mt CFR Turkey |
|
P&O HRC |
$675/mt CFR Turkey |
HDG (0.80 mm- 180 gr/m²) |
$795/mt CFR Turkey |
CRNGO |
$885/mt CFR Turkey |
HRS |
$645/mt CFR Turkey |
A36 plate |
$755/mt CFR Turkey |
$880/mt CFR Turkey |
The offers are effective for late March 2008 shipments.