Fastmarkets’ weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia
, was 42,000-43,000 roubles per tonne on March 10, including 20% VAT, up from 41,000-42,000 roubles per tonne a week before.
In dollar terms, however, the price fell over the week due to the softening of the exchange-rate value of the Russian rouble.
On March 10, the dollar price for HR sheet price was $567-580 per tonne cpt Moscow, down from $630-645 per tonne on March 2.
The US dollar was trading at $1 to 73.88...