The Ukrainian Metal

Ukrainian mills hike their offers further on week opening

It is reported that Ukrainian Mills woke up in bullish mood on Monday morning and hiked their offers further for Europe.
Billets – $580 per ton FOB ST Black Sea.
Pig iron – $535 per ton CFR FO Italian port.
HRC – $635 per ton FOB ST Black Sea.
HRP – $700 per ton base CFR FO Italian port.
Slab – $565 per ton FOB Black Sea.
A major Ukrainian steel mill had closed on Friday the 19th with a price indication of $550 for slabs but on Monday the 22nd there was an increase twice, first to $560 and then a jump to $565 FOB Mariupol. This is because of a fight for supremacy between two giants, both of whom want slabs for Italy. (Steelprices-Europe)

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