SteelOrbis has been informed that Russian mill Severstal is offering March production hot rolled coil (HRC) from its mill 2000 to Turkey at the base price level of $705/mt CFR FO for shipments to Diliskelesi, while its offers for HRC from its mill 1700 are at $690/mt CFR FO for shipments to Diliskelesi.
In the meantime, Severstal's offers for April production cold rolled coils (CRC) to Turkey are at the price level of $780/mt CFR FO Diliskelesi from its four-strand mill and at the price level of $805/mt CFR FO Diliskelesi from its five-strand mill.
All offers are for late May and June shipments.
For its March production, Severstal's initial offers to Turkey were at $700-715/mt CFR for HRC and at $785/mt CFR for CRC. However, the producer revised its offers downwards by about $25-30/mt towards the end of February, to $675-685/mt CFR for HRC and to $775/mt CFR for CRC.