SteelOrbis has been informed that major Russian producers and traders in the central region of Russia are offering hot rolled sheet (HRS) at the following price levels:
Product |
Traders' offers ($/mt) |
Mills' offers ($/mt)
|
1.5 mm HRS |
680-690 |
- |
2 mm HRS |
660-670 |
- |
2.5 mm HRS |
650-660 |
600-645 |
Traders' offers are on ex-warehouse basis, while mills' offers are ex-works - both include VAT.
Despite weak demand in the market, some mills are expected to increase their prices in August by around 5-10 percent, though discounts seem more likely considering the market conditions.