Finished flats prices at Black Sea continued weakening on “soft” feeling from the market, but actual quotations remained at previous week levels.
As per reports, most of the producers has already closed order books for July and now is contracting August volumes.
The Ukrainian HRC is traded in the range of USD 510 per tonne to USD 530 per tonne FOB ST Black Sea.
Russian material working levels moved down by USD 10 per tonne to USD 20 to reach closer to USD 550 per tonne to USD 560 per tonne FOB.