CIS FLAT STEEL: Export market stability masks underlying conflict over price direction

Flat steel export prices from the Commonwealth of Independent States (CIS) were stable in the week ending Monday January 27, although the direction prices might take remains unclear because of the opposing moods of suppliers and buyers.

Fastmarkets’ weekly price assessment for steel hot-rolled coil (HRC), export, fob Black Sea was $475-490 per tonne on Monday January 27, unchanged week on week.

The workable market level was still estimated around $475 per tonne fob Black Sea for Ukraine-origin material and at about $490...


Marina Shulga

January 28, 2020

19:18 GMT