17
Aug
16:51
CIS slab prices weaken, but offers sparse
CIS slab export prices weakened last week on the back of ongoing Turkish lira weakness affecting Turkish slab importers' ability to buy. Regional Southeast Asian offers are eroding demand for CIS slab, although Iran's absence in the merchant slab market provides some support, Kallanish learns from the market.
Last week's sale to Italy at $550/tonne cfr of Ukrainian slab has closed producers' October-shipment availability, with fellow Russian expo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous