Export prices for flat steel products from the Commonwealth of Independent States (CIS) were mostly stable in the week to Monday September 21, with market participants expecting prices to move in line with raw material prices.
Market participants were unsure about the direction of prices because of the recent price changes in iron ore.Fastmarkets' daily index for 62% Fe fines, cfr Qingdao was $119.82 per tonne on September 21, down from $124.90 per tonne on September 18, which was...