17
May
16:44
Merchant slab prices follow global decline
The global merchant slab market has been following a general downward trend, as demand and prices are both declining in the absence of deals in the past two weeks.
After frantically searching for CIS-substitute material in early March and then finding ample alternative supply in Asia, European mills have not been seen procuring for the best part of May. Amid softening prices, plentiful supply from Asia, and the absence of China's market recovery, Eu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous