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19 Jul
16:12

Black Sea flats, slab fall on weak demand

The Black Sea hot rolled coil export market remained quiet during the week to Wednesday, with Russian mills continuing to focus on the local and neighbouring markets, market participants inform Kallanish. Demand in export markets remained weak amid competition with Asian suppliers in foreign markets and complications with international transactions due to sanctions. Offers of Russian material in Egypt and the wider North Africa are heard at around $580/tonne…
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