CIS FLAT STEEL: Further price rises in latest sales on globally strong demand

The uptrend in the export market for flat-rolled steel products from the Commonwealth of Independent States continued in new sales during the week to Tuesday May 11 amid strong demand globally, sources said.

Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $1,020-1,055 per tonne on May 11, up from $1,000-1,020 per tonne a week before.

A sale of Ukraine-origin HRC was heard to Turkey at $1,045-1,050 per tonne cfr, which would be close to $1,020-1,025...


Marina Shulga

May 11, 2021

18:07 GMT