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12 Jul
11:58

European imported slab prices seen increasing

Imported slab prices into Southern European countries are increasing and are forecast to continue to rise until the end of the month, Kallanish learns from slab buyers. Prices are at $550-560/tonne fob from the CIS region but these are seen increasing to at least $580/t fob due to material shortages. There are some offers for Brazilian material already at $580/t fob, although buyers are refusing to purchase at this price. While Brazilians are selling slabs to th…
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