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15 Mar
17:08

CIS coil export prices strengthen after Chinese correction

CIS mills have managed to maintain strong hot- and cold-rolled coil pricing in export markets, although China-origin export prices weakened further this week, market participants tell Kallanish A Russian mill has raised its offer prices by some $10/tonne to $620/t fob for small coil HRC this week. The mill has already sold an unknown quantity to North Africa at $618/t fob, market sources inform. A Turkish re-roller has bid $630/t fob for 10,000t of big…
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