Rolled Coil. Prices at External and Internal Markets. Prices Move toward Each Other. Where the Stop?
Price rise for Russian export metal that was being observed in the last 1-2 weeks went in line with steady price fall at the internal market. Thus, the situation arose when the gap between price differences at both markets is getting narrower. Many experts, judging by many similar situations from the past, believe that price difference will come to be 50$ per ton in the basic positions. And it will hold on this level. However, there is another opinion according to which the price difference will get less and less noticeable to the point when it erases. Prices will become even, due to the strong competition of mills at the internal market.