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30 Nov
16:53

CIS HRC prices soften on lacklustre trade, competition

CIS hot rolled coil export trading has come to a halt, with very few offers available in the market. These are mainly directed at Turkey and the wider Middle East and North Africa, where some pockets of demand are supporting albeit lacklustre trade, market participants tell Kallanish. Russian producers continue to enjoy buoyant domestic demand and remain out of the market, with the exception of the Baltic-shipping producer supplying northern Europe. Its offer…
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