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16 Feb
14:29

Russia-origin HRC/slab buyers await Asian suppliers, fear downturn

Russian export markets for hot rolled coil and slab remained quiet as foreign buyers, amidst fears of a possible downtrend, await the return of Asian suppliers to establish benchmark prices and trends, market participants inform Kallanish. In the presence of sanctions and export duty, Russian steelmakers continued to mainly serve the domestic and CIS markets. The risks associated with primary and secondary sanctions remain the main factor limiting interest in Russ…
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