CIS FLAT STEEL: Exporters set high offers on low material availability

Exporters from the Commonwealth of Independent States have increased offers for hot-rolled coil (HRC) due to low availability of March-rolled material.

Large sales to the CIS domestic market prompted the shortage rather than any improvement in export market demand, one source said. Metal Bulletin’s weekly price assessment for CIS-origin HRC exports was $575-590 per tonne fob Black Sea on Monday February 12, up from $560-570 per tonne fob Black Sea a week earlier. “We have...


Marina Shulga

February 12, 2018

22:29 GMT