Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS
was $825-850 per tonne on Monday, narrowing upward
from $820-850 per tonne a week earlier.
“[HRC] prices from China [the key global trendsetter] are not falling
, which makes the market more positive,” a trader from Turkey told Fastmarkets.
Russian suppliers have not been active in the export market because the local market is strong,...