08
Jun
16:36
Slab prices slide, may be bottoming
Global merchant slab prices continue to decline in line with the general global downward trend, as it splits into a two-tier pricing system. With Iran and Russia on the lower priced tier and somewhat limited sales geography, prices for their slab are around $200-250/tonne below offers from India, Saudi Arabia and Brazil currently, Kallanish observes.
As the end of the second quarter draws near, the market sentiment is contrary to the end of the fir…
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Anonymous
Very good overview of the weekly steel market.
Anonymous