There was a lull in Black Sea steel export market during last week in general. Despite of market fluctuations seen last week, prices are close to previous levels.

Quite strange situation is on the HRC market, as last week some the Ukrainian producers tried to lift prices by around USD 40 per tonne that pushed spot market quotations a little bit.

The Ukrainian mills are heard to be loaded with orders but most of them are coming to the market on short term basis.

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(Sourced from www.steelprices-india.com)