CIS coil prices firmer from Russia, softer from Ukraine

摘要

Robust domestic demand for hot- and cold-rolled coils enabled Russian steelmakers toavoid giving larger concessions in export markets. More aggressive prices came fromUkraine, where export allocation was still high, sources said this week.On Wednesday, S&P Global Platts lowered its weekly FOB Black Sea HRC and CRC prices by $5 to $487.50/mt and $547.50/mt, respectively.Russian HRC exports for May production, June shipment closed around $495-$500/mt FOBBlack Sea. This was above expectations of some buyers in the Mediterranean region.