Fastmarkets’ price assessment for steel HRC, export, fob Black Sea, CIS
, was $420-435 per tonne on September 16, down from $430-438 per tonne a week earlier
“There were several purchases [of Russia-origin HRC] last week, but after this prices dropped by $10-15 per tonne. That is too fast. Who will buy today if there is a possibility that tomorrow prices will drop a lot? That kills demand,”...