06
Oct
16:25
Russian slab exporters grapple with price pressure, sanctions
Russian slab suppliers are grappling with competition in foreign markets, exacerbated by stagnant flat steel prices globally, Kallanish notes.
This has placed additional pressure on prices, which is being compounded further by diminishing interest from foreign markets due to the requirement to prove no Russian-origin inputs have been used in finished steel production. This is especially the case for EU and UK supply.
Furthermore, an extra cost has appeared for e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous