CIS export slab prices have remained unchanged over the past week despite modest demand in the major outlet markets because competition in the global marketplace has softened.
One of the reasons for the reduced level of competition was that Brazilian suppliers have switched the focus of their activities back to the United States from the European, Turkish and Asian markets.Brazilian companies were heard offering material to clients in the US and Canada, with bookings being made for delivery early next year, when an annual quota will be renewed.In a separate development...