10
Sep
12:55
Chinese importers stay cool over slab
Chinese import buying interest for slab has been slow and steady, Kallanish understands. The market has not followed the recent frantic increases seen for billet imports to China.
Chinese buyers booked Iranian slab at $740/tonne cfr last week, regional trading sources say. Buying interest is so far limited, a regional trader says. Since Chinese buyers are indicating that they will not pay more than $740/t cfr China, bids are steady at this…
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Anonymous
Very good overview of the weekly steel market.
Anonymous