21
Jul
17:24
CIS HRC price plateaus, sellers eye rebound
The CIS hot rolled coil export market remains under pressure, but the intensifying output reductions in China and almost full August-rolling books continue to point to stabilisation and possible price rebound in August, market sources tell Kallanish.
The Ukrainian mill and one Russian HRC producer whose European sales are less significant than the ex-Baltic supplier’s have closed August-rolling selling at around $920-940/tonne fob Black Sea to tradition…
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Anonymous
Very good overview of the weekly steel market.
Anonymous