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Turkish buyers hold back as HRC import offers rise $30-35

February 14, 2013 - 17:45 GMT Location: Bursa

KEYWORDS: Turkey , hot rolled coil , HRC , HRC prices , HRC imports , Severstal

Russian steel producer Severstal’s hot rolled coil (HRC) offer prices to Turkey have increased this week by $30-35 per tonne for April production.

The company offered HRC at $640 per tonne cfr Turkey on Thursday February 14. Ukrainian producer Metinvest offered HRC at $605 per tonne cfr earlier this week. Turkish producers are offering $640 per tonne ex-works for base-quality HRC, but some sales were concluded at $625-630 per tonne...

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