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16 Apr

CIS coil export prices soften further

CIS-origin coil export prices have slipped in the past week, following the reduction in the first week of April, as some mills' offers have experieinced weak demand, Kallanish learns from market sources. One Russian mill was heard offering May-rolling HRC at $595-600/t fob to destinations in North Africa, down $5-10/t on-week, but no bookings have followed. Another mill has maintained its asking prices at 610-615/t fob last week, but this week it is expected…
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