Trading activity had slowed down by the end of last week in the CIS export market for steel slab, with mills closing their sales for August shipment and now evaluating the situation, Fastmarkets heard on Monday June 22.
A sale of Ukraine-origin slab was heard to Turkey in mid-June at $385 per tonne cfr, equivalent to $370-375 per tonne fob Black Sea.And a Russian supplier sold a large cargo of slab to China last week at $405 per tonne cfr, which would net back to...