CIS FLAT STEEL: Prices decline in deals but up in offers

Exporters of flat steel from the Commonwealth of Independent States (CIS) reduced prices in further sales to Turkey, although later increased their offers in the week to Tuesday April 21 on full order books.

Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS was $345-365 per tonne on Tuesday, down from $360-370 per tonne a week before.
Two sales of Russia-origin HRC were done to Turkey at $360 per tonne cfr and $370 per tonne cfr early during the week, which was about $345-355 per tonne fob Black Sea.

Later during the week, offers of Russia-origin HRC...

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