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15 Apr
20:12

CIS HRC prices race to four digits

CIS hot rolled coil prices continued their gains in the past week, settling at just below $1,000/tonne fob Black Sea for some producers, whose availability spans as far as August loading, Kallanish learns from market sources. The latest sales of Ukrainian material were concluded at $940-960/t fob, for July shipment, depending on the mill and quality, sold predominantly to Turkey and Europe. Rising European prices are now enabling Ukrainian producers to sell there…
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