CIS STEEL SLAB: Prices stay on uptrend on growing flat steel market

Slab prices in the CIS region continued to increase over the past week supported by the positive mood in finished flat steel products both inside the region and in some of the outlet customers’ markets.

Fastmarkets’ weekly price assessment for steel slab, export, fob Black Sea, CIS, was $380-385 per tonne on Monday December 2, up from $370-375 per tonne on Monday last week.
In Turkey, offers of CIS-origin slab were heard within the range of $400-405 per tonne cfr, equivalent to $385-395 per tonne fob Black Sea.

Market participants from Turkey reported that demand for slabs had reduced recently because significant volumes were booked in...

Published

Vlada Novokreshchenova

December 02, 2019

18:30 GMT

Dnepr