Russia still selling steel slab to China at low prices

Russian mills have continued to sell steel slabs to China at significantly discounted prices over the past week, with traditional buyers refraining from deals involving Russia-origin material, sources told Fastmarkets on Tuesday May 3.

This was because of the risks involved in such trade arising from existing and potential sanctions imposed by a range of countries since Russia’s invasion of Ukraine, which began on...


Vlada Novokreshchenova

May 03, 2022

14:18 GMT