CIS STEEL SLAB: Prices soften further as customers achieve discounts

October 27, 2020 / www.metalbulletin.com / Article Link

Prices in the Commonwealth of Independent States export slab market continued softening in the week to Monday October 26, with several bookings reported done at lower prices in the main traditional outlets.

Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was $435-440 per tonne on October 26, down from $445-455 per tonne fob a week ago.

Market sources from Italy reported CIS material being available in the country at $460-470 per tonne cfr (equivalent to $440-450 per tonne fob), with...

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