13,297.41 TRY BIST 100 BIST 100
7.07 CNY CNY CNY
54.58 EUR EUR EUR
47.43 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.00 TRY Interest Interest
87.77 USD Fossil Oil Fossil Oil
6.51 USD Copper Copper
88.75 USD Silver Silver
95.06 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Prices fall in the CIS region; Flat steel market remain in despair

The CIS flat steel market witnessed a slight decline in prices for March shipments, as evidenced by offers from major industry players.

Prices fall in the CIS region; Flat steel market remain in despair

HRC prices for March shipment, as compiled by SteelRadar, are as follows:

Metinvest has set competitive prices and is offering HRC at $640/tonne CFR to Türkiye, €675/t CFR Antwerp and €665/t DAP EU for March shipment.

MMK is offering HRC at competitive prices of $595-600 FOB Black Sea, $625 CFR Türkiye and $635 CFR MENA, reflecting its commitment to address these markets.

NLMK's pricing strategy positions its HRC offering at $605-610 FOB Black Sea, with targeted prices of $635 CFR Türkiye and $645 CFR MENA, providing competitiveness while meeting specific market needs.

Severstal's hot roll offer prices are at $630 CFR Türkiye, $640 CFR MENA and $605 FOB Black Sea, underscoring its efforts to maintain a balanced pricing approach in key regions.

CRC prices for March shipments compiled by SteelRadar are as follows:

$705 FOB Black Sea, $730 CFR Türkiye and $740 CFR MENA, demonstrating MMK's flexibility in responding to different market needs and regional preferences.

NLMK's CRC offer is positioned at $710 FOB Black Sea, $735 CFR Türkiye and $745 CFR MENA, emphasizing its commitment to provide quality products at competitive prices.

Metinvest's pricing strategy for CRC highlights its focus on providing value in different regions with offers of €745 DAP EU and $770 CFR Türkiye.

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