CIS FLAT STEEL: HRC market down on lower prices from Ukraine

The market for exports of hot-rolled coil (HRC) from the Commonwealth of Independent States (CIS) fell because of lower prices for Ukraine-origin material during the week ended Tuesday April 23.

Fastmarkets’ weekly price assessment for CIS-origin exports of HRC was $470-495 per tonne fob Black Sea on April 23, widening downward from $485-495 per tonne fob a week earlier. HRC offers from Ukraine fell to $485-490 per tonne cfr in Turkey, against $510 per tonne cfr in mid-April. On an fob basis, current offer prices were around $470-475 per tonne, compared with $495 per...


Marina Shulga

April 23, 2019

19:40 GMT