Fastmarkets’ price assessment for steel HRC export, fob Black Sea, CIS
was $375-385 per tonne on October 21, down from $380-395 per tonne a week earlier
“These are the worst times since 2015,“ a buyer from Middle East and North Africa (Mena) region, told Fastmarkets. “The prices just don't make sense [for buyers] and they keep falling.”
Russia-origin HRC was on offer at about $385-390 per tonne...