24
Jun
17:06
CIS slab prices correct on new sales
The long standoff between CIS merchant slab sellers and buyers has been broken with a Ukrainian supplier selling two medium lots of slab to southern Europe and Latin America in the past week.
Two August-loading, 20,000-tonne lots were traded: one to Italy at $920/tonne fob and one to Mexico at $910/t fob Black Sea, market participants tell Kallanish. Demand is good at this price level in these regions, and more sales are expected, if more slab will be made availab…
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Anonymous
Very good overview of the weekly steel market.
Anonymous