RUSSIA FLAT STEEL: HR, CR sheet markets stay weak on poor demand

The Russian domestic market for hot-rolled (HR) and cold-rolled (CR) steel sheet remained poor this week due to low demand from traders, who expect further price declines by the end of November, Metal Bulletin has heard.

Metal Bulletin’s price assessment for Russia-origin 4mm HR sheet was 41,200-42,300 roubles ($694-712) per tonne cpt Moscow on Monday November 13, including VAT. This was down by 300 roubles per tonne at the low end of the range compared with the previous week. Offers from mills for non-stockist traders have been heard at 41,500 roubles per...

Published

Marina Shulga

November 14, 2017

18:38 GMT

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