Flat-rolled steel product export prices from the Commonwealth of Independent States (CIS) reached a new high during the week to Monday April 12 on suppliers' bullish mood after they increased offers again, sources said.
Fastmarkets' weekly price assessment for steel hot-rolled coil (HRC), export, fob Black Sea, CIS was $895-915 per tonne on April 12, up from $885-895 per tonne a week before."Local markets are strong in all outlets and prices in the Russian domestic market are strong as well," one international trader based in Russia said. "That obviously supports...