CIS LONG STEEL EXPORTS: Prices mostly unchanged in quiet market

Export prices for wire rod and rebar from the Commonwealth of Independent States (CIS) were broadly unmoved in the week to Monday June 7, with trading activity to key destinations remaining weak, sources told Fastmarkets.

Wire rod
Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS was at $840-860 per tonne fob on Tuesday, widening from $845-855 per tonne fob a week earlier.
The assessment was based on offers and market participant estimates of achievable prices.

Offers from one Ukrainian producer were heard at $860-870 per tonne fob, largely flat week on week - although the upper end of range was not included in Fastmarkets' assessment...


Julia Bolotova

June 07, 2021

15:24 GMT