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26 Apr

CIS mills reduce coil, slab export prices

CIS-origin hot- and cold-rolled coil export prices have further corrected down this week, pressed by slow trading and bearish sentiment in most markets, Kallanish learns from market participants. A Russian producer has started asking $575-585/tonne fob for June-rolling HRC this week, down another $10-15/t on-week, after its HRC offers slipped some $10/t last week for some markets. A Ukrainian mill is offering HRC for export at the same price level, accordin…
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