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22 Sep
17:06

Merchant slab suppliers succumb to buyer pressure

Merchant slab exporters have succumbed to buyers' pressure to reduce prices on the back of the ongoing hot rolled coil and plate price slide. This has resulted in a number of bookings in traditional destinations, following a string of sales in China by regional suppliers a week earlier, Kallanish learns from market participants. Ukrainian slab has been booked by Turkish buyers, who were out of the market for almost three months, except for a couple of sales du…
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