CIS FLAT STEEL: Market strong before holidays

December 24, 2019 / www.metalbulletin.com / Article Link

The export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States was strong ahead of the holiday period, sources told Fastmarkets on Monday December 23.

Fastmarkets' weekly price assessment for steel HRC, export, fob Black Sea was $460-475 per tonne on Monday, widening upward from $460-470 per tonne a week earlier.

Offers for Russia-origin HRC were heard at $480-490 per tonne cfr in Turkey, or close to $460-475 per tonne fob Black Sea. That is unchanged week on week, although no...

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