15
Mar
17:05
Chinese price drop pressures Russian slab market
The quiet continues in the Russian slab market due to the downward trend in China's export prices and subsequent adjustments in hot rolled coil values in slab-buying markets, such as Italy and Turkey, market participants informed Kallanish.
Offers from sanctioned mills in Russia and Donbas are reported at $505-510/tonne fob Black Sea for April production and end-April shipment. However, in view of the downward trend in China and general lull in activity, the w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous