03
Aug
17:35
Slab market remains two-tiered, oversupplied
Global merchant slab sentiment continues to deteriorate amid a plethora of alternatives for buyers who prefer not to buy Russian material. Although the alternatives are pricier, the deciding factor in buyers' ongoing push for lower prices is the soft flat products market, and the seeming absence of visibility in the quarter ahead, market participants tell Kallanish.
In the Russian slab export market, mills tried to hold offers at $500/tonne fob western po…
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Anonymous
Very good overview of the weekly steel market.
Anonymous