SteelOrbis has been informed that Russian steelmaker Novolipetsk Steel (
NLMK), via its
Hong Kong trading company, has concluded sales of 80,000 mts of SAE1008 grade
slab at $540/mt CFR FO Kaohsiung. The sales have been concluded to Taiwanese producers Chung Hung Steel and Shang Shing Steel for July/August shipment. The two producers booked 40,000 mts each.