08
Dec
18:13
Black sea slab prices rise
The Black Sea slab market is rising on increases for flat steel and semis globally, market participants informed Kallanish.
There was reported limited availability of Russian export slab supply. Despite the recent shift to Asian supply, Turkey still stands as a primary market for Russian-origin slab. Moreover, the recent surge in HRC prices in Turkey has further increased demand for imported slab. Russian slab prices were heard at $505-520/t cfr during the week. H…
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Anonymous
Very good overview of the weekly steel market.
Anonymous