Fastmarkets’ weekly price assessment for CIS-origin exports of hot-rolled coil (HRC) spiked to $500-510 per tonne fob Black Sea on February 11, up from $460-480 per tonne a week ago as a result.
One deal for Ukraine-origin HRC heading to Turkey was done at $518-520 per tonne cfr, equivalent to around $505 per tonne fob Black Sea.
Another deal was heard in Turkey for Russia-origin HRC at $530 per tonne cfr, or around $510-515 per tonne fob Black Sea.
Ukraine usually supplies...
