21
Oct
13:34
CIS slab prices continue to creep up
Black Sea merchant slab export prices continue to recover, surging ahead of Brazilian price indications aimed at the US and China.
In Asia, there is still a lag on the uptake of new, higher offers, dragged down mainly by China's ongoing price volatility. But Indian hot rolled coil price increases, dictated by higher energy prices and restrictions in supply, are likely to push Asian slab appetite higher, market participants tell Kallanish.
Although sales volu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous