CIS FLAT STEEL: Prices improve on rising market sentiment

Export prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States (CIS) went up in the week ended Tuesday May 28 on improved market sentiment.

Fastmarkets’ weekly price assessment for CIS-origin exports of HRC was $470-490 per tonne fob Black Sea on May 28. This was up by $10 per tonne week on week.
“Despite talk about low demand in Turkey, the domestic and export prices there have gone up, supporting higher import prices,” one supplier from the CIS said.

Fastmarkets’ weekly price assessment for Turkish domestic...


Marina Shulga

May 28, 2019

18:53 GMT