According to market sources, Ukrainian mining and steel producing group Metinvest was forced to slow down new orders and focus on fulfilling earlier concluded contracts until the situation in eastern Ukraine becomes clearer. At the same time, market sources state that Metinvest has strong order books for August and September production materials which add some optimism to the desperate situation in the country.
Meanwhile, ex-Ukraine slab deals have been concluded in Turkey at $500-505/mt CFR for October shipments.