11
Aug
14:41
CIS slab trade slow but steady, despite softening
CIS slab exporters remain under pressure to reduce thier offers to secure sales, but poor demand and the lull in the flat product segment make immediate concessions redundant, Kallanish learns from market participants.
Suppliers indicate they are ready for limited concessions, having sold several lots at $790-800/tonne fob Black Sea. A 50,000t Russian lot to Latin America netted back to around $800/t fob, having been sold at $850/t cfr almost two w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous