24
Aug
16:50
Slab prices, demand decline with flat products
The softening of global merchant slab market sentiment continued throughout the past fortnight, mirroring the slow deterioration of flat product prices globally amid expectation of the ongoing price declines in autumn.
As demand declines, prices are following, with non-sanctioned suppliers pressured to follow Russian slab price decreases in order to secure sales. But some suppliers' production costs are already creating a floor in non-sanctioned material…
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Anonymous
Very good overview of the weekly steel market.
Anonymous