Russian steel producer
Severstal has increased its September production hot rolled coil (
HRC) offers for
Turkey by $35/mt as compared to August production offer levels, while it has raised its cold rolled coil (
CRC) prices for the same destination by $30-35/mt over the same period. The mill continues to accept firm bids for all its offers.
Severstal's
HRC and
CRC offers to
Turkey are as follows:
Product |
Tonnage (mt) |
Price ($/mt) |
HRC |
20,000 and above |
580 |
CRC |
3,000 and above |
650-670 |
All above prices, which are on CFR basis, are for shipment in late October and in November.