27
Jul
16:56
Competition weighs on low Russian HRC demand
Russian hot rolled coil export trade is buckling under the descending price dynamic in all major importing regions, forcing sellers to withdraw their attempts to raise prices. Competing suppliers' offers are adding to pressure in key export outlets, while buyers continue to observe the steadily softening market, Kallanish notes.
Russia's key ex-Black Sea export outlets – Turkey and Egypt – are not hungry for new tonnages, as previous, hig…
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Anonymous
Very good overview of the weekly steel market.
Anonymous