Russia’s Severstal, one of the key hot rolled coil exporters, has recently fixed a new record price level in export sales. The company has sold a limited batch of big coils at $640/mt FOB and expects this level to be the new normal next week. Previously, Severstal had traded a total of 15,000 mt within the range of $620-630/mt FOB for the same coil weight, SteelOrbis has learned. “Today, it is logical to sell in small lots and to keep increasing the price. The market is hot,” a source said.
Russia’s Severstal sells HRC at new high
Anna Voloshenko
EditorHaving now over 14 years of experience in steel market analyses and price reporting, joined SteelOrbis in 2019 to head and manage the market intelligence department. Currently overlooking the price developments in the steel sectors of Turkey, MENA region, Europe and partly the CIS. The markets of flats, longs, steel slab and billet are among the current key responsibilities. I have a bachelor’s degree from Ukraine’s Dnipro National University, a master’s degree in the international trade and finance.
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
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