On the other hand, both Russian and Ukrainian mills' flat steel offers softened last month. Accordingly, Russian producers' hot rolled coil (HRC) offers to the local Turkish market are at $670-680/mt CFR, while Ukrainian mills' HRC offers to Turkey are at the level of $620-625/mt CFR. As observed, import offers have not attracted so much attention in the Turkish domestic market, though some transactions were concluded last month from the import market. For example, HRC deals were concluded from Romania last month at the price level of $675/mt CFR.
Turkey’s flat steel imports decline in March, ex-CIS offers soften
According to the data provided by the Turkish Statistical Institute (TUIK), in March this year Turkey's flat steel imports indicated a decline. Weak demand, the high flat steel production rate in Turkey and Turkish buyers' preference to conclude deals in the domestic market are considered as the major factors in this decline.
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.