As SteelOrbis has learned from market sources, Turkish integrated steelmaker Erdemir has increased its base price offers for hot rolled coil (HRC) by up to $20/mt to the level of $740-750/mt, while its offers for 1-1.5 mm cold rolled coils (CRC) have reached $870-880/mt.
Meanwhile, HRC base price offers from Çolakoğlu Metalurji have increased to $750/mt. However, following scrap price increases, Çolakoğlu Metalürji has closed its HRC sales today.