CIS FLAT STEEL: HRC export price stabilizes after new deals

Hot-rolled coil export prices from the Commonwealth of Independent States (CIS) stabilized this week, with suppliers and buyers agreeing on a “workable price level”, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel HRC, export, fob Black Sea was $475-490 per tonne on Monday January 20, unchanged week on week.
Ukraine-origin HRC was sold to Turkey at $490-495 per tonne cfr - equivalent to close to $475 per tonne fob Black Sea.

Sales of Russia-origin material were heard...

Published

Marina Shulga

January 21, 2020

16:15 GMT

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