12
May
16:02
CIS slab prices rise on sales to Europe
Black Sea merchant slab prices are following the ascending trend this week. They are backed by the renewed rise in hot rolled coil and metallics prices in all regions, and tightening availability of slab as demand is booming in all slab-importing markets, Kallanish notes.
CIS suppliers sold slab to Europe at around $920/tonne fob last week, and lifted their offers to $950-960/t fob for July-loading material at press time on Wednesday. Demand remains ripe in E…
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Anonymous
Very good overview of the weekly steel market.
Anonymous