Thick Russian plate export prices fall

The export market structure of thick plates in the Commonwealth of Independent States will continue to be unfavorable. In this case, Russia's Asa Metallurgical Plant was forced to lower its July price, which is a reduction of US$35/tonne to US$40/tonne.

Therefore, the export price of FCA from thick plates to foreign buyers is US$550/ton, including the railway tax rate, Astrakhan’s CPT price is US$600/ton, and Novorossiysk’s CPT price is US$610/ton. . Demand for CIS plates in northern and eastern Europe is not high, with DAP quoted at €515/t-520/t ($639/t-645/t, €1.24). The buyer plans to buy at a price of € 10/t lower than the specified price.

In addition, the quotation of the Ukrainian Magnitogorsk Metallurgical Union’s July plate DAP Brest/Uzhgorod for EU countries was US$640/tonne-650 US$/ton, and the quotation of the Ukrainian Metals Investment Corporation is also 640 US dollars / ton -650 US dollars / ton.

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