CIS FLAT STEEL: Reduced availability supports prices

Reduced availability of materials for August shipments of hot-rolled coil and cold-rolled coil (HRC, CRC) from the Commonwealth of Independent States (CIS) was supporting the prices for the commodities, sources told Fastmarkets on Monday July 15.

Fastmarkets’ weekly price assessment for steel HRC, export, fob Black Sea, CIS, was $485-500 per tonne on July 15, up by $5 per tonne week on week. Ukrainian flat steel exporter Metinvest was heard to have extremely limited availability of HRC and no availability of CRC for shipments in August, sources said. “[Metinvest] is selling...

Published

Marina Shulga

July 16, 2019

16:28 GMT

Dnepr