24
Mar
12:31
CIS coil export prices fall on Chinese/Indian competition
CIS-origin hot and cold rolled coil prices in export markets have declined in the past week, although demand has improved, according to market participants.
CIS mills tried to keep their offer prices at around $490-500/t fob for HRC and $570-580/t fob for CRC last week. However, the decline in Chinese HRC export prices in the reviewed week and aggressive pricing competition by Indian exporters have influenced market sentiment and buyers have reduced bid pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous