Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
Recently, the export market of Russian sheet SGHC metal has been trading actively. Due to the turbulent situation in the Red Sea, the hot rolled coils from nearby importing countries are more concerned by Türkiye's traders than those from far away in China, which has provided some support for the rise in prices of related resources.
We have learned that the tradable price of the export resources of hot rolled coils from the Commonwealth of Independent States in Türkiye is between 595-620 dollars/ton FOB, a small increase of 5-10 dollars/ton compared with last week. In addition, a batch of SGHC steel cold rolled coils from Russia were exported to Türkiye at a price of 700-710 US dollars/ton FOB, higher than the transaction price of 675-705 US dollars/ton last week.
At the same time, the Russian New Year and Christmas holiday continue until January 8th, with most sellers absent due to the long holiday, and the slab market remains lukewarm.
It is reported that last week, a batch of sanctioned resources quoted FOB $560 per ton to Turkey. This week, a batch of Russian resources subject to sanctions were sold to Türkiye at the price of USD 585-595 FOB, which had not been confirmed by the time of press release SGHC steel.
