CIS LONG STEEL: Thin trading persists in market

April 28, 2020 / www.metalbulletin.com / Article Link

Trading activity in the export wire rod and rebar market in the Commonwealth of Independent States remained sluggish in the week to Monday April 27 due to the effects of lower oil prices and the global Covid-19 pandemic.

Wire rod offers were largely unchanged over the week, varying within the range of $390-420 per tonne fob Black Sea depending on the supplier and destination.

Ukraine-origin material was available to customers in the Middle East at $390-400 per tonne fob Black Sea, but no bookings were heard at...

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