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17 Mar
17:24

CIS slab remains elevated, as flats prices rise

CIS slab was sold last week by a Ukrainian producer to Turkey at the expected level of $750/tonne cfr, netting back to $730/t fob Black Sea. The supplier is understood to be the only one in the market still having April-casting volumes, and sales this week are still possible, but at higher levels, market participants tell Kallanish. There were no other sales in the past week, but negotiations are ongoing with Italian re-rollers too, with expectations for deals to …
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