Fastmarkets’ weekly price assessment for Russia-origin 4mm hot-rolled (HR) sheet
was unchanged on May 20 at 43,000-44,500 roubles ($664-687) per tonne cpt Moscow, including 20% VAT.
“For the moment, nothing has changed in the [domestic] market. First, mills will figure out which way the export market will turn, and only after that will they offer a price to [local traders],” one trader told Fastmarkets.
Mills were keeping prices for stockists at 44,500 roubles per tonne cpt Moscow, sources...