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17 Oct
16:26

Russian billet export activity remains minimal

Russian billet export activity remains minimal, market participants inform Kallanish. Russian domestic prices are still more attractive than in exports. Following the involvement of Russian authorities, domestic rebar prices stabilised at around RUB 68,500/tonne cpt in the Central region, the country’s largest steel-consuming area. This came after a price hike resulting from the acquisition of the NLMK longs division by a Tula Steel affiliate – both m…
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