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29 Mar

CIS coil producers stay out of export markets

CIS hot- and cold-rolled coil producers have preferred to stay out of the export markets this week and take more time to observe the latest developments, market participants tell Kallanish. April-rolling and May-shipment coils have been sold out and no new prices have been announced so far as market sentiment worsened further globally tover the past seven days. Some CIS mills were expected to announce May-rolling coil prices this week. One Russian mill was ev…
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