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16 Jun
17:10

CIS slab prices poise for correction

The standoff between sellers and buyers in the CIS merchant slab export market continues, as offers remain in the $950-960/tonne fob Black/Baltic Sea range. Some compromise is expected, however, as prices of flat products in some regions have softened and delayed demand is growing fast in all major slab-importing regions, Kallanish hears from market sources. A workable fob Black Sea level is considered at $910-920/t for Turkey and Latin America, but Europe &q…
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