Commonwealth of Independent States (CIS) steel slab exporters turned to the Chinese market for sales in mid-May because customers in this market accepted higher prices than any in other destinations, Fastmarkets heard.
Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was $335-340 per tonne on May 12, up from $325-335 per tonne fob a week earlier.Over 100,000 tonnes of Ukraine-origin slab were reported sold to China at around $370 per tonne cfr...