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02 Jun
16:37

CIS slab offers remain high, demand stirs

The CIS merchant slab export market remains locked in the offer range of $950-960/tonne fob Black/Baltic Sea, as higher offers in the western hemisphere are supporting CIS suppliers’ quotes. This is despite the recent wave of China's corrections dampening sentiment in the hot rolled coil market somewhat, Kallanish learns from market sources. CIS suppliers are keeping offers intact, anticipating a wave of enquiries from Latin America, where Braz…
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