Market sources confirm that hot rolled coil (
HRC) demand in the international markets is indicating a recovery, and so the
slab market will likely see prices move upward in the coming period. According to market insiders, ex-
CIS slab offers to Asia are standing at $530-540/mt CFR Asian ports. Meanwhile, Russian
slab offers can be found at $510-520/mt CFR for
Taiwan and at $515-520/mt CFR for
Indonesia, both for November shipments.
In the meantime, Ukrainian
slab export offers are at $505-510/mt FOB.