CIS STEEL SLAB: Market quiet with buyers seeking clarity

The CIS export market for steel slab remained quiet in the week to Monday February 8 with no major bookings heard.

No offers were heard in the market because mills preferred to invite bids from customers, but such bids were rare because the market lacked clarity.
"There are no offers because everybody is waiting for the Chinese New Year holiday to end," one trader said, adding that he expected prices to pick up after China's return to the market next week.
Official holidays in China start on February 11 and will last until February 17.

"The price [for slab] will also depend on...

Canada second most significant player in global mining M&A

Plenty of potential for continued rotation out of tech

Platinum to palladium ratio low, platinum to gold high, versus history

Gold stocks up on metal and equities gains

Most major metals rebound on potential global monetary easing