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28 May

Markets anticipate lower coil prices from CIS

CIS mills have closed June-rolling order books for hot- and cold-rolled coil for export last week. They are expected to announce lower offer prices for July-rolling material this week due to negative market sentiment, market participants tell Kallanish.  Russia and Ukraine-origin HRC and CRC sales for June production in export markets were closed at asking price ranges of $540-555/tonne fob and $610-620/t fob Black Sea. HRC bookings for Egypt and Turkey wer…
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