12
Aug
17:02
CIS HRC prices drift just above $900/t
The CIS flat products market has been softening in line with global demand indications, severely affected by the weakness in Asian markets. A new wave of Covid-19 infections is quashing demand in major Asian hubs, while enabling higher export volumes at lower prices due to still high production levels and competing with CIS suppliers in their traditional markets, market sources tell Kallanish.
Holiday season in Europe and Turkish buyers' high arrival…
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Anonymous
Very good overview of the weekly steel market.
Anonymous