Ukrainian steel producers
Zaporizhstal and
Ilyich Iron & Steel Works, subsidiaries of Ukrainian mining and steel producing group
Metinvest, have increased their February production hot rolled coil (
HRC) offers to
Turkey by $30/mt as compared to offers for January production to $575-580/mt CFR.
In the meantime, February production cold rolled coil (
CRC) offers to
Turkey from
Zaporizhstal and
Ilyich Iron & Steel Works have also indicated an increase of $25-30/mt as compared to offers for January output to $660-665/mt CFR.
These two producers have been raising their
HRC and
CRC offers to
Turkey during the last three months.