30
Jun
15:29
CIS HRC export price slide leaves buyers wanting
The CIS hot rolled coil export market continues to digest a major Russian producer's decision to sell off large tonnages of July-rolling HRC at "dumped" prices to Southeast Asia, America and North Africa. This is a seeming attempt to avoid paying new export taxes, penned for six months from 1 August, Kallanish notes.
Buyers remain focussed on securing much lower-priced tonnages, ignoring other offers, with enquiries totalling "hundreds of thousa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous