Ukrainian steel producer Zaporizhstal's April production offers to Turkey for hot rolled coil (HRC) were standing at $660/mt CFR in the middle of March. However, transactions have been concluded at the level of $650/mt. Meanwhile, at present Zaporizhstal's May rolling HRC offers to Turkey are at $630-635/mt CFR, indicating a decrease of $20-30/mt.
In addition, Zaporizhstal's offers for May production cold rolled coils (CRC) to Turkey are at the price level of $730-735/mt CFR. The producer had not given any offers to the Turkish market for April production CRC.