Fastmarkets’ price assessment for steel HRC, export, fob Black Sea, CIS
, was $390-405 per tonne on November 18, up from $375-385 per tonne fob a week ago
Several sales of Russia-origin material were made to Turkey at $410-420 per tonne cfr, closely equivalent to $390-405 per tonne fob Black Sea, depending on the supplier.
“There are no visible factors [indicating] higher demand. Buyers just became more confident that prices had stopping falling and started to...