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02 Feb
14:30

CIS mills achieve higher coil prices for export

CIS flat steelmakers succeeded in selling March-rolling hot- and cold-rolled coil at the asking price levels in export markets last week, market participants tell Kallanish. Two Russian mills have sold HRC at their offer prices of $610-620/tonne fob last week, buy-side sources informed. Later in the week, one of the mills had already run out of material for export. "They are selling a lot, getting the price they want, but I don't know to where, …
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