Export slab prices from the CIS region rose by $25 per tonne over the first half of January, because of the rise in finished flat steel prices as well as the reduced availability of the semi-finished material, sources told Metal Bulletin on Monday January 15.
Russia's Evraz and Novolipetsk Steel (NLMK) were said to be seeing good demand for slabs from their own re-rolling assets, even though the latter has one of its furnaces down for repair, while Ukraine's Metinvest was said to have a scheduled maintenance period in February.Metal Bulletin's...