CIS LONG STEEL: Mills hold offer prices firm but customers resist

Offer prices for CIS-origin wire rod remained firm in the middle of March, supported by higher prices achieved in deals in previous weeks as well as increased scrap costs in the global market, Fastmarkets heard on Tuesday March 12.

CIS wire rod was available to foreign customers at $515-525 per tonne fob Black Sea, with some sources even reporting offers as high as $540 per tonne fob...

Published

Vlada Novokreshchenova

March 12, 2019

18:16 GMT

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