Ukraine’s Ilyich Iron & Steel Works was quoting USD 1,200 per tonne CFR on hot rolled coils to Turkey, with late July or August 2008 shipments.
Another mill Zaporizhstal Iron & Steel in Ukraine was offering USD 1,260 per tonne CFR and USD 1,200 per tonne CFR for cold rolled and hot rolled coils to Turkey, increased by USD 110 per tonne and USD 120 per tonne, respectively.
Russia’s Severstal was offering USD 1,245 per tonne CFR for hot rolled coil and USD 1,300 per tonne CFR for cold rolled coil.
