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07 Sep
16:46

CIS slab prices continue to slide

The ongoing pressure on CIS merchant slab suppliers to reduce their offers has resulted in indications lowering far enough to produce sales in southern Europe, but they still failed to attract Turkish interest. The lower-than-expected output of slab by a major Russian merchant slab supplier in August following an oxygen converter pipeworks incident has mitigated the correction and reduced availability from CIS competitors. These supplied the st…
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