CIS FLAT STEEL: Demand softens on too-rapid price falls
Buying activity softened further in the export markets for hot-rolled coil and cold-rolled coil (HRC, CRC) from the Commonwealth of Independent States during the week ended Monday September 16, because prices have been falling too fast. Fastmarkets’ price assessment for steel HRC, export, fob Black Sea, CIS, was $420-435 per tonne on September 16, down…