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News

CIS (WEEK 8) - Slide starts again

The prices of various steel products, except HRC, at Black Sea witnessed downward slide last week due to pressure on sellers amid lack of buying.

The demand remained weak during last week and the general mood of the market was subdued. The buyers are reported to be making purchases in spurts, just to cover their immediate needs and that too after scanning the prices for all available sources. The usual frenzied mood of transactions remained missing.

Item

Grade

Size

Change

Billets

3-5 sp/ps

125-150 mm

-20

Rebars

A300C-A500C

12-32 mm

-10

Wire rod

Mesh

5.5-6.5 mm

-10

HRC

ST1-ST3 kp/sp/ps

2-8 mm

0

HRC

ST1-ST3 kp/sp/ps (Rus)

2-8 mm

0

Plates

A36

8-30 mm

-20

CRC

08 kp (Ukrainian origin)

0.5-1.5 mm

-20

CRC

Russian origin

0.5-1.5 mm

-10

Change is on February 20th is with respect to February 13th 2009
Change is in USD per tonne
Delivery FOB Black sea

Feb 25, 2009 10:07
Number of visit : 671

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