RUSSIA FLAT STEEL: HR, CR sheet prices fall again on low demand in key sectors

The markets for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia have moved down again due to low demand in key steel-consuming sectors, Metal Bulletin has heard.

“Construction [activity] has slowed down seasonally. This is normal for this time of year,” one source told Metal Bulletin. “And [welded] pipe makers are depressed by the continuing unfavorable situation in the oil market.”

Construction is the largest consumer of steel products in Russia, while welded pipemaking is another major consumer of...

Published

Marina Shulga

December 05, 2017

14:18 GMT

Dnepr