23
Nov
15:16
CIS coil prices continue to tumble
CIS hot rolled coil prices have taken another dip this week, with the descent accelerating towards the end of the week. This week's price fall amounted to almost $20/tonne for some producers, Kallanish learns from market participants.
Although the weakening was far from unexpected, the pace of the descent has surprised some market participants, and instilled more negative expectation for the first quarter of 2019.
The negative impact of sev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous