CIS STEEL SLAB: Mills raise offers amid positive sentiment, demand return

Slab producers from the Commonwealth of Independent States (CIS) increased their offers to foreign customers due to the positive trend in the finished flat steel products and raw materials markets, with a return of demand in some of the key outlets supporting an uptick in slab prices also, sources said.

Fastmarkets’ weekly price assessment for steel slab, export, fob Black Sea, CIS was $650-660 per tonne fob Black Sea, up from $620-630 per tonne a week earlier.
CIS-origin slab was available at $650-665 per tonne fob in the week to Monday February 22, depending on supplier and destination, Fastmarkets learned.

Several sources reported bookings to Turkey both from Russia and Ukraine within the mentioned price range, but no details were provided by the...

Published

Vlada Novokreshchenova

February 22, 2021

16:10 GMT

Dnipro