Fastmarkets’ weekly price assessment for steel slab, export, fob Black Sea, CIS
was $370-375 per tonne on June 30, unchanged week on week.
Mills shipping material from the Black Sea basin preferred to wait and see to assess market conditions before offering new allocations, sources said.
Additionally, both Ukraine’s Metinvest and Russia’s NLMK have said they will reduce their allocation of material in the coming months due to the scheduled maintenance periods.
NLMK will stop one of its basic oxygen furnaces (BOF) in July to replace the unit and increase its...