18
Aug
17:22
CIS slab prices plateau
Despite pressure from Turkish buyers to reduce prices further, CIS merchant slab suppliers remain firm in keeping their offers not below $800/tonne fob Black Sea, Kallanish hears from market sources.
CIS merchant slab suppliers' new hope comes from the estimated loss of 250,000-300,000 tonnes of NLMK's slab availability for its re-rolling assets in Europe and the US, which it is seeking to buy from other producers.
NLMK's loss of crude stee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous