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21 Mar
17:19

Slab market remains firm, Turkish correction possible

The merchant slab market remains stable, with small price increases reported, which are not immediately being accepted by buyers in those regions where the flat products market is softening, Kallanish notes. The Black/Baltic Sea markets for Russian slab are moderately bullish on the back of limited availability and sufficient demand. Offered at $700-710/tonne cfr Turkey, Russian slab is not being scooped up immediately, however, as Turkish mills' flat products…
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