CIS FLAT STEEL: Market strong on low availability

The export market for flat rolled products from the Commonwealth of Independent States (CIS) remained strong in the first two weeks of January on low availability, sources told Fastmarkets this week.

Fastmarkets’ weekly price assessment for steel HRC, export, fob Black Sea was $475-490 per tonne on Monday January 13, up from $460-470 per tonne a week earlier.

Offers from Russian exporters were heard only in Turkey, at around $485-495 per tonne fob Black Sea, although sources said the workable level for buyers of Russia-origin...


Marina Shulga

January 14, 2020

18:08 GMT