CIS STEEL SLAB: Prices up on HRC market jump, further rise expected

November 25, 2020 / www.metalbulletin.com / Article Link

The export price for steel slab from the Commonwealth of Independent States (CIS) went up during the week to Monday November 23, mainly on a huge upswing in prices for hot-rolled coil, Fastmarkets heard.

Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, was $485-495 per tonne on November 23, up by $25 per tonne from $460-470 per tonne fob a week earlier.

Slabs offers were heard in Italy at $505-515 per tonne cfr, equivalent to about $485-495 per tonne fob Black Sea. That was up...

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