CIS FLAT STEEL: Market quiet on limited export allocations

March 04, 2020 / www.metalbulletin.com / Article Link

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...

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