News
European steel players anxiously awaiting for new prices - 11 Mar, 2010
Every body is anxiously waiting for new prices to be announced by Russian and Ukrainian mills for 2nd quarter deliveries.

Rumors are anticipating that mills would have decided to sharply increase all prices on all products with HRC offered at EUR 500 per tonne and CRC at EUR 600 per tonne CFR FO main EU ports.

Italian domestic producer Riva is presently not offering, waiting for development which is further putting pressure on market and buyers.

Decision from Russia and Ukraine Mills is expected before end of this week.

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(Sourced from www.steelprices-europe.com)



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