Affected by depreciation for iron ore price and international hot rolled price, Russia’s quotes start to fall to Asia and have dip to US$620~US$630/ton to Turkey. Currently, Russia’s MMK and NLMK offer the latest export price for hot rolled at US$650~US$660/ton. For the latest price, Russia’s ex-factory price for hot rolled have dipped to US$600/ton. Most of deals considered that global demand for steel is hard to revive in the short time. Thus, buyers expects that future price would be decreased further.