Major integrated steel mills in Turkey have lowered their HRC prime ready to delivery coil prices to $1,000-1,020/t, excluding VAT for Oct’21 delivery, sources informed SteelMint. Earlier, the company was offering HRC at $1,100/t for Oct’21.
Due to preference to cost effective imported HRC, domestic prices have come under pressure. Indian HRC export price indications were heard around $950/t, CFR.
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