CIS FLAT STEEL: Exports quiet as Russian mills focus on home market

The export market for flat steel products from the Commonwealth of Independent States was silent during the week ended Monday July 20 on low availability, because Russian suppliers were focused on their domestic market.

Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $400-415 per tonne on Monday, up by $5 per tonne from $395-410 per tonne a week before.

“Russian mills have [no flat steel products] for export at the moment. They are selling everything they have to the local market,” one trader who deals with...

Published

Marina Shulga

July 21, 2020

13:42 GMT

Dnepr