The domestic steel rebar market in Russia's Central Federal District around Moscow was broadly flat over the week due to producers holding back from making new offers, while buyers expect prices for May volumes to rise, Fastmarkets heard on Monday.
Exporters of CIS billet remained bullish despite the lack of trading activity in the Black Sea basin this week, sources told Fastmarkets on Thursday April 1. The producers remained positive amid expectations of price rises in China due to the possible removal or reduction in its export tax rebate, along with the recovery in finished long […]
producers of CIS long steel have continued to give discounts to foreign customers amid increased competition, particularly with Turkish suppliers, which reduced prices in the week ended March 26 amid falling scrap costs and a depreciation of the Turkish lira. *** Wire rod Wire rod offers from Russia were heard on Monday March 29 within […]
CIS Slab producers raised prices further for overseas customers during the week to Monday March 15 as some accepted higher levels in the most recent round of sales.
Exports of wire and rebar from the CIS rose during the week ending Tuesday, March 9, despite limited trading activity.
The CIS hot-rolled coil market has been bullish in the week ending March 1 due to deals with Turkey.
The CIS pig iron export market has been on the rise during the week ending Thursday, February 25, amid rising shipping rates amid rising shipping rates.
Export offers for billet from the Commonwealth of Independent States picked up again by the end of the week amid positive sentiment in the market. Import scrap prices in Turkey have continued to grow, and – along with an expected rise in semi-finished and long steel prices in China after the Lunar New Year holidays […]
CIS flat steel export market was slow during the week to Monday January 11 because suppliers had just returned from holidays, although the general market mood was positive, sources told Fastmarkets.
The domestic rebar market in Russia was calm in the week ending January 11, and market activity has been slowly improving since the holidays.