The CIS export slab market turned around because of deals made at higher prices in the second half of January, Fastmarkets was told on Monday January 21.
Reduced availability of slabs as well as an improvement in demand for finished flat steel in the CIS market gave additional support to slab producers.Several cargoes of Ukrainian and Russian slab were reported booked in Europe at prices within the range of $425-430 per tonne cfr, equivalent to $410-415 per tonne fob Black Sea, sources told Fastmarkets.The...