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26 Jan
15:49

Russian mills hike HRC prices in export markets

CIS-origin hot-rolled coil (HRC) prices have increased last week as some Russian producers have begun to offer March-rolling material at prices above the highest level recorded in 2017, notes Kallanish. A Russian mill has started asking $620/t fob for March-production HRC in the past week. Another Russian peer has followed with the same asking price, Europe-based trader sources inform. This is some $20-25/t higher than the last booking prices for February-rollin…
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