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23 Feb
17:44

Supply shortage drives up CIS slab export prices

CIS-origin slab export prices are rising on the back of supply shortage in the market that is mainly driven by increased demand in some regions, market sources tell Kallanish. Russian mills are selling April-ready slab at $550/tonne fob, while Ukraine-origin slab prices are heard at $540/t fob. This is an increase of $10/t over the CIS slab export price range heard 10 days earlier. Last month meanwhile, slab export prices form the region grew by at least $20/t, …
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