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19 Oct
17:06

CIS HRC price rebounds

Prices of hot rolled coil from Russian and Ukrainian suppliers have rebounded in line with rising feedstock prices, winter power supply concerns in the EU, and the subsequent rebound in Turkish HRC prices, Kallanish notes. From around $800-830/tonne fob Black Sea two weeks ago, CIS HRC offers have increased by around $30/t to $830-850/t fob, depending on supplier, destination and volume. These new price levels have already been cemented by the most recent sales, m…
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