Russian domestic HR, CR sheet prices stable amid weak demand
Domestic flat steel prices did not fall in Russia this past
winter as they usually do, due to the slowdown in construction
activity. Instead, domestic offer prices from producers
reflected a surge in the export markets at the end of 2016.
Prices for HR and CR sheet only started to fall in March, and
have gone down by 5,120-9,700 roubles ($90-171) per tonne on
average since then. However, they still remain “too…