CIS FLAT STEEL: Prices up on bullish suppliers

August 12, 2020 / www.metalbulletin.com / Article Link

The export market for flat steel products from the Commonwealth of Independent States rose over the week to Monday August 10 in line with Russian suppliers testing the market with higher offers, sources said.

Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS was $460-480 per tonne on Monday, up from $435-445 per tonne a week before.

Russian suppliers returned to the market to offer HRC to Turkey at $480-485 per tonne fob, while in the Middle East...

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