Fastmarkets’ weekly price assessment for
steel HRC, export, fob Black Sea, CIS, was $705-725 per tonne on Monday, up from
$690-705 per tonne a week earlier.
One Russian supplier was heard to be selling to Turkey, the key outlet for flat steel exports from the CIS, at $740 per tonne cfr. That would be closely equivalent to $725 per tonne fob. Offers from the same supplier were reported at $740-750 per tonne cfr,...