CIS FLAT STEEL: HRC market up on new sales

Export prices for hot-rolled coil from the Commonwealth of Independent States have increased over the past week as several sales at higher prices were done to key outlets, sources told Fastmarkets on Monday December 2.

Fastmarkets’ price assessment for steel HRC, export, fob Black Sea, CIS, was $405-415 per tonne on Monday December 2, up by $10 per tonne from the previous week.
Russia-origin HRC was heard to be sold to Turkey at $420-425 per tonne cfr – that would be close to $405 per tonne fob Black Sea.

A sale of Ukraine-origin HRC was heard to Turkey at $420 per tonne cfr, or equivalent to...


Marina Shulga

December 03, 2019

17:38 GMT