CIS STEEL SLAB: Sentiment soft on modest demand, weak finished steel prices

August 06, 2019 / www.metalbulletin.com / Article Link

Sentiment was soft in the CIS export slab market in the first week of August, with modest demand from major buying outlets as well as weaker sales of finished flat steel both in customers' markets and domestically.

"I do not think mills will be able to hold prices at their current level any longer. The slab market is very soft," one trader told Fastmarkets on Monday August 5.A recent booking of Russia-origin slab was heard done in Turkey in late...

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