The export market for flat steel exporters from the Commonwealth of Independent States (CIS) was quiet during the week ended Monday March 2 because of the limited volumes that suppliers could offer for exports.
Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $465-475 per tonne on Monday, unchanged week on week."MMK [Magnitogorsk Iron & Steel Works] says that it is out of the export HRC market until September [due to maintenance outages], while Novolipetsk Steel...