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29 Dec
13:54

CIS coil export price rise stalls, seen resuming

The upwards trend in CIS coil export prices has paused at the end of December, and is anticipated to resume as soon as market participants return from New Year/Christmas holidays, sources tell Kallanish. Russian mills had almost filled their February-rolling and March-shipment order books for HRC and CRC by end-December. Offer prices were heard at around $560-565/tonne fob for HRC and $610/t fob for CRC in the last week of December, unchanged week-on-w…
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