The export market for hot-rolled coil and cold-rolled coil from the Commonwealth of Independent States (CIS) has weakened during the week ending Tuesday June 18 amid slow market demand.
Fastmarkets' weekly price assessment for HRC exported from the CIS was $470-485 per tonne fob Black Sea on June 18, moving down from $475-490 per tonne fob on June 10. "Demand is weaker than expected after [the Islamic holy month of] Ramadan and other surrounding holidays, while...