CIS STEEL SLAB: Prices slide amid lack of demand

October 31, 2018 / www.metalbulletin.com / Article Link

CIS export slab prices continued to trend downward in the week ended Monday October 29, because there was no support in most of the customers' markets.

Recent offers from Russsia's major slab producer were heard at $465 per tonne fob Black Sea.Customers in Turkey were ready to pay around $470 per tonne cfr for CIS-origin slab, which would be equivalent to $450-455 per tonne fob Black Sea.Meanwhile, the workable price for Southern Europe was estimated at...

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