22
Aug
17:53
Russian HRC export prices flat, trade stagnates
The Russian hot rolled coil export market remains subdued on weak demand from major importing regions, with offers remaining at $540-560/tonne fob Black Sea for the past two weeks.
The demand from major Russian HRC importing regions – namely Egypt and Turkey – is extremely low on a combination of factors, such as currency exchange issues, satisfactory stock levels, and lack of confidence in the rebound of prices in autumn. Even though competing Asian …
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Anonymous
Very good overview of the weekly steel market.
Anonymous