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18 Aug

Black Sea slab, flats trade moves sluggishly

Black Sea slab and flat steel trade experienced limited activity last week, as major Russian suppliers were engaged with domestic orders or scheduled maintenance. Foreign buyers meanwhile remained absent due to the summer holidays, market participants inform Kallanish. The rouble exchange rate fluctuation against the dollar further dampened market activity, posing challenges for exporters.  The Russian rouble appreciated to RUB 94.01 per $1 on Friday from RU…
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