21
Jun
17:03
CIS HRC prices flatline as hikes fail
CIS hot rolled coil export prices remained static over the course of last week. Current market sentiment is not conducive to the rebound attempted by some suppliers, market participants tell Kallanish.
Although prices have not declined in Europe, demand has subsided somewhat, amid ongoing competition from Asian suppliers at lower prices and a number of import policy adjustments already implemented and mulled over. A stalemate in the Chinese HRC market, frozen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous