CIS FLAT STEEL: Downtrend slows down on resumed buying activity

August 04, 2021 / www.metalbulletin.com / Article Link

The downtrend in the flat-rolled steel export market from the Commonwealth of Independent States slowed amid resumed buying activity during the week to Monday August 2.

Fastmarkets' weekly assessment of steel hot-rolled coil, export, fob Black Sea, CIS was $915-925 per tonne on Monday, narrowing downward from $915-930 per tonne a week prior.Russia-origin material was sold to Turkey at $940-950 per tonne cfr, equivalent to about $915-925 per tonne fob. Offers from one Russian supplier were...

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