CIS FLAT STEEL: Market calm ahead of holiday lull in key destinations

The export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States (CIS) was silent in the week to Monday June 3 ahead of Eid al Fitr celebrations in key destinations.

Fastmarkets’ weekly price assessment for HRC exports from the CIS was $475-490 per tonne fob Black Sea on June 3, narrowing upward from $470-490 per tonne fob a week earlier. “The market was almost dead at the end of the week as everyone was preparing for the week-long holiday in Muslim communities...

Published

Marina Shulga

June 03, 2019

18:10 GMT

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