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22 Jan
16:23

CIS mills maintain strong coil export prices

CIS-origin hot- and cold-rolled coil export prices remained strong last week as availability of material declined further amid the global uptrend in steel prices, market participants tell Kallanish. A Russian producer has maintained offers at $575/tonne fob, with only small coils said to be available, and CRC at $620/t fob. The mill has sold HRC to Turkey at this price and CRC at the offer price – $645/t cfr Turkey – last week, trader sources in…
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