19
Jan
20:07
Black Sea billet prices peak, demand softening
Black Sea billet exporters have managed to sell a considerable volume of material in the last fortnight, at the top of the ascending price trend. But the dynamic has begun to subside, in line with softening scrap values and stubborn weakness in the finished products segment, Kallanish observes.
Turkish scrap import prices peaked last week at $419/tonne cfr for premium HMS 1/2 80:20, but have since retreated to just over $400/t cfr. Expectations are for price…
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Anonymous
Very good overview of the weekly steel market.
Anonymous