CIS STEEL SLAB: Mills target higher prices as Turkish customers accept increase

March 16, 2021 / www.metalbulletin.com / Article Link

Slab producers from the Commonwealth of Independent States raised prices further for overseas customers during the week to Monday March 15 as some accepted higher levels in the most recent round of sales.

Around 25,000-30,000 tonnes of Ukraine-origin slab was heard booked in Turkey last week within the range of $740-750 per tonne cfr. This nets back to $715-730 per tonne given freight costs of $20-25 per tonne.
Turkish customers accepted the higher slab prices due to the uptick in finished flat steel prices.

Fastmarkets' weekly price assessment for steel hot-rolled coil, export,...

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