CIS LONG STEEL: Prices rise on favorable market conditions

By Vlada Novokreshchenova / February 19, 2018 / www.metalbulletin.com / Article Link

Export prices for rebar and wire rod in the CIS region rose in the week ended Monday February 19 because of increased costs for semi-finished steel products.

The market was supported by positive dynamics in the scrap and long steel product sectors in Turkey.Metal Bulletin's weekly price assessment for CIS rebar exports was $565-580 per tonne fob Black Sea on February 19, up from $555-560 per tonne fob Black Sea.Offers from Belarus Steel Works were reported at $570 per tonne fob Black Sea on a...

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