CIS FLAT STEEL: Market inactive on gap between sellers', buyers' target prices

May 05, 2020 / www.metalbulletin.com / Article Link

Exporters of flat steel from the Commonwealth of Independent States (CIS) were calm during the week ended Monday May 4 due to the large gap between offers and the workable level for buyers, Fastmarkets heard.

Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS was $350-365 per tonne on Monday, down by $5 per tonne from $355-370 per tonne a week before.

Offers of Russia-origin HRC in Turkey were reported at $365 per tonne fob Black Sea, while in...

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