24
Mar
16:35
Slab price rise continues, even as Russia re-enters
Global merchant slab supply tightness spurred by the absence of CIS material in the first half of March has eased somewhat amid new sources making themselves available.
As was expected, China obliged, but at prices exceeding those of hot rolled coil, amid buyers' desperation and still relatively limited availability, Kallanish learns from market participants.
Around two weeks ago, Indonesian and Chinese slab was available at $900/tonne cfr southern Eur…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous