16
Apr
17:02
Slab rises on booming HRC, plate markets
Sales of CIS slab continue to rise, in line with the ongoing rises in hot rolled coil and plate prices in all major steel producing and importing regions, and unrelenting demand.
With lead times for HRC extending up to six months for both domestically sourced and imported flat products, re-rollers are more anxious to secure slab supply, driven to accept rising slab offers. One Turkish re-roller was heard to have booked a lot of Ukrainian slab at $840/ton…
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Anonymous
Very good overview of the weekly steel market.
Anonymous