CIS FLAT STEEL: HRC prices down on negative market sentiment

Export prices for steel hot-rolled coil from the Commonwealth of Independent States (CIS) softened further during the week to Monday February 8 on negative market sentiment and weak demand.

Fastmarkets' weekly price assessment for steel HRC, export, fob Black Sea, CIS, was $690-715 per tonne on Monday, down from $695-725 per tonne a week earlier.
One supplier from Russia was heard to reduce its offer to $690 per tonne fob for Turkish buyers, while another Russian supplier has kept its offers at $715 per tonne fob or above.

"The market looks more or less...

Canada second most significant player in global mining M&A

Plenty of potential for continued rotation out of tech

Platinum to palladium ratio low, platinum to gold high, versus history

Gold stocks up on metal and equities gains

Most major metals rebound on potential global monetary easing