08
Mar
14:43
Russian slab exporters decrease prices to secure deals
Russian slab suppliers have had to significantly reduce export prices, aligning with the drops in Chinese hot rolled coil export and Turkish scrap import values, in order to secure deals, market participants inform Kallanish.
In Thailand, customers were ready to pay $540/tonne cfr for Russian-origin slab; however that price was from a sanctioned Russian mill.
In Turkey, a deal was reported at $525/t cfr from an unnamed sanctioned mill; however, opinions over whet…
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Anonymous
Very good overview of the weekly steel market.
Anonymous