2018 PREVIEW: CIS slab, billet to level off in short term, but long-term prospects uncertain

Commonwealth of Independent States steel export slab and billet prices are expected to level off in the first quarter of 2018 after the erosion of slab’s premium to billet in the second half of 2017, sources told Metal Bulletin. But longer-term prospects for the slab-billet spread are uncertain and could depend on Chinese investments in secondary steelmaking capacity.

“Our short-term forecast says that the slab price will catch up with billet and will possibly be even a bit higher, as we see an uptrend in the segment of...

Published

Vlada Novokreshchenova

January 02, 2018

12:21 GMT

Dnepr