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13 Jul
16:28

Limited activity persists in Russian HRC export market

The Black Sea hot rolled coil market remained quiet during the week until Thursday, with Russian producers continuing to focus on domestic and CIS markets sales, Kallanish notes. Moreover, some market participants indicate summer is traditionally a maintenance season for Russian mills. Very slow demand persists in foreign markets with sentiment among customers weak, while realisation of export transactions remains complicated amid various sanctions on Russia…
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