The export market for flat steel products from the Commonwealth of Independent States improved during the week to Tuesday June, 9 on strong iron ore prices and increasing demand from Asia.
Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $395-410 per tonne on Tuesday, up from $365-375 per tonne on January 1.The average Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao, so far in June was calculated at $101.89 per tonne,...