In July, traders. quotations dropped in Kazakhstan amid tough competitionand low export quotations of local producer. Waiting for mills. prices toget still lower, traders reduced purchases.World markets of flat products become more balanced. Decrease in exportprices slowed down as traders. stocks reduced. Offering rather low prices inJune, Kazakh producer boosted exports by 26% to as much as 236,000t, sameto highs of 2009. In July, the mill.s domestic prices are $50-60/t higher thanexport ones (in June, the gap reached $110/t). As the decrease in export pricesslows down, domestic prices may stabilize too.
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