22
Nov
17:26
Slab prices slide amid ample supply, low uptake
Merchant slab prices continued to soften in the past fortnight, albeit at a slower pace than in the previous period. The rebound in sentiment in China last week instilled some hope into the unusually oversupplied slab market, but it remains to be seen whether expectations will be realised in the short to medium term, market participants tell Kallanish.
Russian slab prices corrected down by another $10-20/tonne, depending on the market, to $420-450/t fob depen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous