26
Mar
17:00
CIS slab demand grows, sales inevitable
The CIS slab export market remained in limbo last week, but expectations for intensification of trade this week were rife in the market.
The ongoing flat product price rise in Turkey and Europe, US flat product strength, and intensifying problems in the freight market, were all supporting the notion. This is along with firm bids and possible sales at existing offer levels, Kallanish notes.
Offers remained at $730-740/tonne fob Black Sea early last week, but …
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Anonymous
Very good overview of the weekly steel market.
Anonymous