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05 Sep
17:04

Slab prices, demand activate on energy, output cuts

Following the price rises for flat products in Europe and Turkey in the past week on the back of production cost increases, offers of Russian merchant slab also increased. There were some higher-priced sales also, as flat product price increases are being supported by output cuts, Kallanish observes.  With tightly held expectations of cost-pushed- and production-cut-supported increases gaining momentum, buyers in Turkey returned to the merchant slab market la…
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