22
Oct
16:39
Pressure builds on CIS HRC
Buyers continue to push for lower prices for CIS hot rolled coil, with some traders reporting bids at $500/tonne fob at the end of last week, all of which were rejected by mills. These were down $10/t from the beginning of last week.
Producers in Russia point out to Turkey's economic problems coupled with the high level of protectionist measures aimed at the country's steel products. This has altered the Black Sea export market landscape a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous