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04 Dec
07:56

CIS coil export prices strengthen

CIS-origin hot- and cold-rolled coil prices in export markets have firmed up in the past week, after stabilizing the week before, as sentiment in some markets has started to shift and prices are expected to rise more, market sources tell Kallanish. A Russian mill was heard offering January-rolling HRC at $535/tonne fob. This is up from the $525/t fob offers heard the week before, while $510-515/t fob price levels were not available anymore, according to the…
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