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09 Sep
16:27

CIS flat product price cuts secure sales

The CIS hot and cold rolled coil price decline continues, but the lower price levels are securing a rise in sales volumes. HRC prices have broken through the $900/tonne fob Black Sea price floor, landing at around $820-830/t fob for concluded sales from both eastern and western ports of dispatch, Kallanish learns from market sources. A Russian producer with the lowest anti-dumping duty in Europe is reported to have sold a large HRC lot to an Italian pipemaker at &…
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