RUSSIA FLAT STEEL: HR, CR sheet prices move down on weak demand

The Russian domestic market for hot-rolled (HR) and cold-rolled (CR) steel sheet has weakened further due to poor demand as a result of the annual November slowdown in construction activity.

Metal Bulletin’s price assessment for Russian 4mm HR sheet was 39,200-41,200 roubles ($660-694) per tonne cpt Moscow on Monday November 20, including VAT, down by 1,100-2,000 roubles per tonne.


Marina Shulga

November 22, 2017

09:12 GMT