04
Feb
16:45
CIS slab prices rise in scarce market
Although CIS merchant slab trade remains low, sales to southern Europe and Turkey in the past week have lifted prices yet again, with new offers expected at even higher levels, market participants tell Kallanish.
Russian slab was sold to Turkey at $710/tonne cfr, netting back to around $680/t fob Black Sea, while a sale of a large lot to Italy was heard at $710/t cfr almost two weeks ago, netting back to the same level. With more unfulfilled demand in both regions…
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Anonymous
Very good overview of the weekly steel market.
Anonymous