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02 Aug
15:57

Russian rod producers remain quiet in export markets

Export activity at Russian producers remains at zero. Only those producers with proximity to ports and having their own distribution network abroad are present on the market, participants inform Kallanish. Tradable prices for Russian-origin wire rod were at around $520-540/tonne fob Black Sea, narrowing down from $520-550/t fob last week. At the same time, only the producers close to ports can afford to sell at these prices, while most Russian exporters are focuse…
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