04
Jan
16:29
Scrap, low availability boost Black Sea billet
Black Sea billet exporters are low on offers this week amid holidays, but the activated upward momentum in the Turkish scrap and long products markets is already ramping up expectations, Kallanish observes.
Although general trading activity subsided considerably in the past two weeks amid seasonal holidays in the West, Turkish scrap import prices continued to rise, circling $400/tonne cfr for premium HMS 1/2 80:20. This has fuelled expectations of furth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous