SteelOrbis has learned from market sources that Turkish flat steel producers have softened their domestic offers.
Accordingly, Turkish mills' 4 mm and thicker hot rolled coil (HRC) offers now stand at $740/mt, while their 1-1.5 mm cold rolled coil (CRC) offers have declined to approximately $890/mt ex-works, both for May production.
In the meantime, SteelOrbis has further learned that a Russian flat steel producer is now offering HRC to the Turkish market at $710-720/mt CFR, while its CRC offers are at $830-840/mt CFR.