CIS FLAT STEEL: Order books closed as lower prices draw in buyers

Exporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) in the Commonwealth of Independent States have closed their order books for June, mainly because of the low prices being achieved rather than because of higher demand.

Metal Bulletin’s weekly price assessment for CIS-origin HRC exports was $545-560 per tonne fob Black Sea on Tuesday May 29, narrowing from $540-575 per tonne a week earlier.

Russia’s...

Published

Marina Shulga

May 29, 2018

19:17 GMT

Dnepr