14
May
16:46
CIS HRC prices rise, traders voice financing concerns
The CIS hot rolled coil export market continued rising despite lack of sales, largely due to long lead times and major buying regions celebrating Eid festival in the past week. But CIS HRC trade is in no way in a lull, as demand is buoyant everywhere with restrictions only coming from difficulties with financing the deals, market participants tell Kallanish.
As prices of iron ore, scrap and finished products rose last week, indicating offers reached $1,080-1,100/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous