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HRC slips further at Black Sea
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Saturday, 06 Oct 2012
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The CIS export market remained weak, but with divergent trends for different mixed.

Billet price gained about USD 5 per tonne to USD 510 per tonne to USD 515 per tonne FOB levels despite limited activities.

Finished longs are rather stable, but also amid weak sentiments.

Finished flats prices are gradually going down with further risks coming from the Asian market.

Ukrainian HRC and Russian material lost USD 10 per tonne to USD 15 tonne respectively

Source - Strategic Research Institute

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