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CIS-origin hot- and cold-rolled coil export prices have been falling through May, in line with the reduction in demand in main export markets, sources tell Kallanish. From $570-590/tonne fob Black Sea asked for in early May, CIS-origin offer prices for June-rolling HRC have decreased to as low as $540-560/t fob in the third week of May. A Russian mill was heard asking $565/t cfr Turkey (around $545/t fob) last week, down considerably from the $595/t cfr Tur…
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