Russian export prices on steel HRC, slab soften on weak buyer markets, lower offers from China

The export markets for Russia-origin steel hot-rolled coil and slab were quiet over the week to Tuesday May 30 on softening domestic markets for HRC in Turkey and heavy steel plate in Italy, as well as the availability of lower offer prices from China.

Fastmarkets’ price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $570-590 per tonne on May 30, narrowing downward from $570-625 per tonne a week before.

The workable...


Marina Shulga

May 30, 2023

18:45 GMT