Steel plate import offers given to the Turkish market have declined as compared to last month, in contrast to domestic and import hot rolled coil (HRC) prices which have followed an upward trend in recent weeks.
This month, Ukrainian steel producers Ilyich Iron and Steel Works of Mariupol (Ilyich) and Alchevsk Iron and Steel Works are offering steel plate to Turkey in the price range of $765-770/mt CFR. Last month, these producers' plate offers to Turkey were at about $795-800/mt CFR.
In the meantime, Bulgarian producer Stomana is offering steel plate to the Turkish market at €585/mt ($844/mt) CFR, remaining almost unchanged as compared to previous months.
New offers are expected to be announced by early September.