Steel producers in Russia have increased their offer prices for March-rolled hot-rolled (HR) and cold-rolled (CR) sheet, Metal Bulletin has heard.
"Mills say that they have a good export market; that is why they increased the offers for the local market," one source told Metal Bulletin.Metal Bulletin's assessment of prices for Russian 4mm HR sheet was 43,000 roubles ($765) per tonne cpt Moscow, including VAT, on Monday February 26. This compared with 42,000-43,000 roubles per tonne a week earlier.The price assessment for CIS-origin HRC exports was $585-600...