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03 Mar
17:14

Merchant slab trade intensifies, propels prices

The merchant slab market has reawakened after varied degrees of slumber in all major importing regions in the past fortnight. Especially active were Turkish and Southeast Asian markets, while southern Europe continued to show consistent demand, Kallanish observes.  As the Carnival season has come to an end in Brazil, there has been an increase in enquiries from regional and international buyers. Having booked one Indonesian lot at around $610/tonne fob around…
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