Russian semi-finished product exporters continue to expand their markets. Information from key regional publications confirms Indian customers purchasing slabs.
Slabs were purchased from Russia at 490-495 USD/MT (CIF) by Indian customers.
This buy is 15-20 USD/MT lower than similar indicators in the region. According to experts, the price quoted at the Black Sea ports did not exceed 445-450 USD/MT FOB, which is comparable to current Iranian offers.
It is predicted by the markets that a strong uptrend in the semi-finished products segment in the South and Southeast Asian markets is unlikely to return.
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