CIS STEEL SLAB: Fresh booking pushes prices down

A sale of CIS-origin slab to Italy was heard agreed last week at a price lower than in other recent deals, sending the CIS export slab price assessment downward on Monday April 1.

A cargo containing 25,000-30,000 tonnes of Ukrainian slab was reported sold to Italy at $510-512 per tonne cfr, equivalent to around $490 per tonne fob Black Sea. But market participants had expected such a development. The deal lowered Fastmarkets’ weekly CIS export slab...

Published

Vlada Novokreshchenova

April 01, 2019

17:34 GMT

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