08
Mar
17:25
Black Sea billet trade pauses on fresh increases
Trading in the Black Sea billet market has subsided somewhat, as Russian sellers indicated another round of price increases, fuelled by previous successes amid strong Turkish demand.
But the latter has subsided somewhat, as had been expected, stifled by limited finished products price growth, and following government-led concessions for steelmakers. The latter have potentially eased Turkish producers' cost pressure, as they continue to establish supply of pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous