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20 Nov
16:24

CIS mills further reduce coil export prices

CIS mills have continued reducing their hot- and cold-rolled coil export prices in the past week, mainly pressed by dull demand, Kallanish learns from buy-side market participants. Prices for January-shipment HRC were suggested in the $510-540/t fob range last week, with the lowest end of the range heard for Turkey from a Ukraine-based producer. This is down some $10/t on-week. CRC prices have fallen to $550-580/t fob, down $10-20/t over the week befor…
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