09
Nov
16:58
CIS billet remains still despite Turkish cuts
Black Sea billet prices remained under pressure in the past week, from limited demand and sliding ferrous scrap prices in major importing regions, amid increasing levels of lower-priced offers from Asia, Kallanish observes.
Russian billet's major export outlet – Turkey – has been buying less and looking to export instead, with export offers now circling $550-560/tonne fob Turkey, depending on mill, volume and destination. This is down consider…
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Anonymous
Very good overview of the weekly steel market.
Anonymous