The quarter-long decline in Russian merchant slab prices sold from western Russian ports has halted, but Far East-shipped material prices continue to decline on new, lower-priced sales to China, Kallanish observes.
Amid new demand from Europe for Autumn-arriving stocks, Brazilian suppliers have also trimmed their price expectations, achieving sales and continuing negotiations.
China's new appetite for imported slab returned at levels the same as a fortn…
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