SteelOrbis has learned that the slowness of flat steel demand has influenced Russian steel mills' export offers. Accordingly, Russian steelmaker Severstal's export offers have decreased by $30-35/mt as compared to last month.
Severstal's May production hot rolled coil (HRC) offers from its mill 1700 to the export markets now stand at the level of $590/mt FOB St. Petersburg, while the producer's HRC offers from its mill 2000 to the export markets are at $595/mt FOB St. Petersburg.
In the meantime, Severstal's May production cold rolled coil (CRC) export offers are standing at $670/mt FOB St. Petersburg.
Severstal revises flat steel export prices downwards
Similar articles
US flat steel pricing advances past $1,100/ton, highest spot price since May 2023
03 Jun | Flats and Slab
Bullish trend continues in US flat steel markets, high pricing could trim construction demand
29 May | Flats and Slab
US flat steel prices continue up as bullish drivers propel HRC futures through Q4
22 May | Flats and Slab
US flat steel price edges higher again, May scrap now adds to bullish fundamentals
15 May | Flats and Slab
US flat steel prices steady to up on solid demand, ongoing maintenance, war uncertainty
10 Apr | Flats and Slab
US flat steel prices still up on solid demand, rising energy costs, despite flat to down scrap
03 Apr | Flats and Slab
Marketplace Offers
Hot Rolled Coil
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 1.5 - 25 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness: 0.4 - 2.5 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Thickness: 0.4 - 2.5 mm
Width: 1,000 - 1,500 mm
Coil: R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness: 0.8 - 5 mm
Width: 1,150 - 1,850 mm
Coil: R
SAMBHV SPONGE POWER LIMITED
Thickness: 0.8 - 5 mm
Width: 1,150 - 1,850 mm
Coil: R
SAMBHV SPONGE POWER LIMITED