CIS FLAT STEEL: Market up on bullish mood among exporters

The export market for hot-rolled and cold-rolled coil from the Commonwealth of Independent States has improved on a bullish mood among suppliers, which preferred to step back from the market rather than to continue sales at low prices, sources told Fastmarkets on Monday November 11.

Fastmarkets’ price assessment for steel HRC, export, fob Black Sea, CIS, was $375-385 per tonne on November 11, up from $360-375 per tonne fob a week ago.

CIS-region exporters were heard to be out of the Middle East and North Africa markets...


Marina Shulga

November 11, 2019

17:48 GMT