Slab producers from the Commonwealth of Independent States (CIS) increased their offers to foreign customers due to the positive trend in the finished flat steel products and raw materials markets, with a return of demand in some of the key outlets supporting an uptick in slab prices also, sources said.
Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was $650-660 per tonne fob Black Sea, up from $620-630 per tonne a week earlier.Several sources reported bookings to Turkey both from Russia and Ukraine within the mentioned price range, but no details were provided by the...