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08 Mar
12:22

CIS slab price may be plateauing

CIS slab suppliers continued April-casting negotiations last week, with some mills sold out for mid-May shipment, and were forced to turn away buyers, market sources tell Kallanish. The success of sales is hanging on price, however, despite demand still apparently outstripping available supply. However, the $500-510/tonne fob Black Sea indications given by mills in negotiations are not easily accepted everywhere. This is reflective of rising concerns i…
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