Russian flat steel export market quiet on sluggish demand in Turkey

Russia's flat steel export market remained sluggish in the week to Monday July 24 due to low demand from Turkey, where buyers have been concerned about the future price direction and limited activity among suppliers, who prefer to sell locally, sources said.

Fastmarkets’ price assessment for steel hot-rolled coil export, fob Black Sea, CIS was $555-575 per tonne on Monday, widening downward from $560-575 per tonne a week before.



Marina Shulga

July 25, 2023

12:05 GMT