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It’s reported that this week Russia coil and sheet offer is stable, hot rolled coil The prices of Russian flat product offers remain stable that the export prices of hot rolled coil to Africa and Middle East are about US$510~520/ton and US$520~530/ton FOB respectively. The parts of cold rolled coil are at US$600/ton (FOB) and US$610/ton. It is reported that the price of HRC is lower than CIS billet offer, which is about US$530/ton FOB. Traders believe that the differential is mainly attributed to the current depressed demand for flat products, the buyer purchases is small to make HRC prices continue to decline. |
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61640&division=A2
