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24 May
17:02

CIS slab prices remain well-supported

Black Sea merchant slab offers remained in the $950-960/tonne fob range throughout last week and on Monday, in the absence of deals. Despite requirements remaining high in all traditional importing regions, China's flat products price correction could be signalling declines in other regions and the subsequent lowering of slab bids, market participants tell Kallanish. CIS suppliers' rising offers have been driven by unrelenting flat products price…
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