27
Sep
16:48
CIS HRC prices decline under buyer pressure
Prices of hot rolled coil from CIS producers remained last week at their most recent lows, but bids declined amid iron ore dipping below $100/tonne mid-last-week and sufficient inventories.
Demand in Asia remained strong early last week, enabling a Russian producer to sell a large lot to Southern Asia in a range of $920-940/tonne cfr, for several lots of various grades and sizes through a trader. Freight was around $100/t for November loading. The Ukrainian offer …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous