Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
Recently, due to the general increase in the Asian slab market, the export slab prices from Russia have continued to rise, and the prices of hot coils have stabilized. A sanctioned supplier quoted around $560 per ton FOB, while other sanctioned suppliers quoted between $500-510 per ton FOB. There have been no reports of large-scale transactions yet. It is reported that the European Commission is likely to extend the quota for Russian JAC270C steel sheet metal for several years. Russian producers have a positive attitude towards the market, which further supports the prices of finished sheet metal and enhances its competitiveness in the international market. In the short term, there is still room for an increase in the prices of Russian exported slabs JAC270C steel .
However, under the influence of weak demand and negative market sentiment, the price of hot rolls in Russia is stable. At present, the price of hot rolls in CIS is stable at 590-610 US dollars/ton FOB. The price of hot rolls in Asia is also generally stable. The downstream demand for plates in Türkiye remains low. It is expected that in the short term, there will be a lack of upward momentum in the price of Russian hot coils JAC270C steel .
