RUSSIA FLAT STEEL: Prices steady with market slow for public holidays

The Russian market for hot-rolled (HR) and cold-rolled (CR) steel sheet was quiet during the week ended Monday May 14 due to public holidays, sources have told Metal Bulletin.

“Demand is normal for this period of the year, but in the first half of May trading activity slowed down for the Labor Day and Victory Day holidays,” a trader said on Monday May 14. Metal Bulletin’s weekly assessment of the price for Russia-origin 4mm HR sheet was unchanged on May 14 at 46,000-46,400 roubles ($743-749) per tonne...


Marina Shulga

May 14, 2018

18:30 GMT