Trading activity in the export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States remained low during week ended Monday April 16, Metal Bulletin was told.
"We will see some activity in the market this week because producers, traders and buyers will meet at a trade fair in Dusseldorf," one trader told Metal Bulletin Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $590-600 per tonne fob Black Sea on April 16, stable week on week due to low trading activity.Russian exporters set offers for May-rolled HRC at $600-605 per tonne fob Black Sea, around $20 per tonne fob Black Sea lower than offers of April-rolled material. Although, offers were heard even lower at $590 per tonne fob Black Sea, one source...