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RUSSIA FLAT STEEL: HR, CR sheet prices down again on low end-user demand

RUSSIA FLAT STEEL: HR, CR sheet prices down again on low end-user demand

 

News is brought to you by Mr. Shailesh Karia

 

Published on 9th January, 2018

 

Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia have fallen again due to low demand from end users, sources told Metal Bulletin this week.

“It’s a challenging time for [traders] because [we] all still have stocks of high-priced material, while demand is falling,” one trader said. Demand traditionally slows down at the end of the construction season in Russia, when buying activity normally subsides due to deteriorating weather conditions. Demand from welded pipe producers has...

 

Source : https://www.metalbulletin.com//

 





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