20
Jun
16:55
Slab prices slide, pace of decline slows
Merchant slab prices have declined in the past two weeks, but their descent was relatively softer than that of finished products and scrap. As the playing field remains divided between sanctioned and non-sanctioned material, so do prices differ accordingly, with little change on two weeks ago, Kallanish observes.
At the end of last week, Russian slab indications remained at around $530-550/tonne fob Baltic/Black Seas, with demand notably lacking from Turkey,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous