Domestic flat steel prices in Russia's Central Federal District around Moscow were largely flat in a week to Monday October 12, despite producers' bullish attempts to raise prices.
Buyers are cautious of further rises in the hot-rolled sheet segment because of slowing downstream demand and sufficient stocks, sources told Fastmarkets on Monday.But buyers did not consider the price as "workable" given tepid downstream demand and quite high stocks at traders. This difference in pricing...