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14 Nov
16:03

CIS billet suppliers increase quotes despite weak demand

Black Sea billet suppliers are trying to raise export prices due to limited availability and higher scrap values, encountering resistance due to weak demand in foreign markets, market participants inform Kallanish. As for the domestic rebar market in Russia, there is uncertainty, as the active construction season is over amid relatively high inventories. Export opportunities for Russian longs producers have been limited by a host of factors. These include export d…
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