12
Oct
17:00
Weak coil pressures CIS slab prices
CIS slab prices have slipped in line with weakening flat-rolled product prices and constrained demand, sources tell Kallanish. Importing markets struggle to sustain seasonal and economic pressure in their finished product markets.
Russian mills continue to indicate $480/tonne fob offers, but sales are taking place at much lower levels, market participants say. Demand in both Southeast Asia and Latin America has turned lacklustre, as Latin American mill…
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Anonymous
Very good overview of the weekly steel market.
Anonymous