Slab offers from CIS mills were reported within the range of $415-425 per tonne Black Sea last week, depending on destination.
This was up by $15 per tonne from the prices
indicated at the beginning of the month.
Customers found these offers too bullish, however, and reported bids did not exceed $410 per tonne fob Black Sea.
“The slab market has not accepted the [price] increase as the billet...
