CIS FLAT STEEL: Market still calm after holidays at key outlets
The export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States (CIS) remained quiet on Monday June 10, with activity yet to pick up after 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 10, narrowing upward from $470-490 per tonne fob a week earlier.
“The market activity has not normalized yet, because the week-long holiday in Turkey and the [Middle...