CIS flat steel producers attempt to raise export prices again

Monday, 12 March 2012 16:45:53 (GMT+3)   |  
In February, CIS flat steel producers' export offers for their March production had remained above their actual transaction prices.
 
After selling most of its February production to markets in the Americas, Russian steel producer Severstal had increased its hot rolled coil (HRC) prices for March production to $640-660/mt FOB. However, demand coming from these markets remained low for the producer's March production and so Severstal's HRC transaction prices were mostly at $615/mt FOB.
 
For April production, Severstal ‘s export offers have increased as compared to its transaction prices. Accordingly, Severstal's HRC offers are now standing at $635-650/mt FOB, while its cold rolled coil (CRC) offers are at $735/mt FOB and its hot rolled plate (HRP) offers are at $670/mt FOB.
 
In the meantime, after offering HRC to export markets at $620-630/mt FOB for March production, Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has increased its HRC offers to $640/mt FOB Novorossiysk and $650/mt FOB Vladivostok.

Similar articles

Russian mills plan to keep domestic flat steel prices stable

26 Oct | Flats and Slab

Price gap widens between Russian and Ukrainian flat steel offers

22 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 23, 2026

04 Jun | Flats and Slab

Japan's steel exports down 9.3 percent in Jan-Apr 2026

01 Jun | Steel News

Flat steel prices in local Taiwanese market - week 22, 2026

28 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 21, 2026

21 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 20, 2026

14 May | Flats and Slab

US steel exports up six percent in March 2026 from February

11 May | Steel News

Flat steel prices in local Taiwanese market - week 19, 2026

07 May | Flats and Slab

Utilization of steel import quotas show modest progress in Brazil

30 Apr | Steel News

Marketplace Offers

Chequered Sheet
Thickness:  2 - 10 mm
Width:  600 - 1,300 mm
Length:  1,500 - 4,000 mm
St 37-2 DIN 17100
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness:  0.5 - 2 mm
Width:  600 - 1,200 mm
Length:  400 mm
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness:  1.5 - 25 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.