The export market for CIS-origin hot-rolled coil and cold-rolled coil (HRC, CRC) was flat during the week ended Monday July 29 because demand remained moderate while availability was still restricted.
Fastmarkets' weekly price assessment for steel HRC, export, fob Black Sea, CIS, was $485-500 per tonne on Monday, widening downward by $5 per tonne week on week."There were no major bookings of HRC from the CIS because prices from the suppliers were worth considering, but were not good," one source in Turkey said. "We know that [mills] have less availability than usual but demand is not good either."Offers of Russia-origin material were...