30
Mar
17:48
Downwards pressure continues on CIS HRC export prices
CIS-origin hot-rolled coil (HRC) prices in export markets have remained under pressure to reduce this week, market participants tell Kallanish.
The upper end of Russian mills' offer price range has fallen by $10/tonne to $490/t fob for end-May shipment. However, these price levels are highly negotiable, all the sources agree, as bid prices are much lower this week. "Russian mills are short of orders," one of the sources comments. Ukrainian pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous