CIS STEEL SLAB: Prices up on HRC market jump, further rise expected

The export price for steel slab from the Commonwealth of Independent States (CIS) went up during the week to Monday November 23, mainly on a huge upswing in prices for hot-rolled coil, Fastmarkets heard.

Fastmarkets’ weekly price assessment for steel slab, export, fob Black Sea, CIS, was $485-495 per tonne on November 23, up by $25 per tonne from $460-470 per tonne fob a week earlier.

Slabs offers were heard in Italy at $505-515 per tonne cfr, equivalent to about $485-495 per tonne fob Black Sea. That was up...


Marina Shulga

November 24, 2020

15:30 GMT