Key suppliers of flat steel to Russia's Central Federal District around Moscow kept their prices unchanged during the week ended Monday September 2, with no apparent reason for the shifts that have been seen in the domestic market, sources have told Fastmarkets.
Fastmarkets' weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia, was unchanged at 45,100-45,500 roubles ($675-681) per tonne on September 2, including 20% VAT."We are in the process of price renegotiation, but mills say that there is no visible reason for the decline in the domestic market," one source said.Suppliers were keeping their HR sheet prices for both stockists and non-stockists...