Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia's central region around Moscow will increase in August, producers have told Metal Bulletin, with higher demand expected and outages planned in September.
"Mills have told us that they will increase prices in August," a steel trader in Russia said. "This will stimulate demand, while some outages are expected in early autumn."Metal Bulletin's weekly price assessment for Russia-origin 4mm HR sheet was unchanged at 42,800-42,900 roubles...