05
Mar
15:57
Russian billet exporters evaluate bids amid falling scrap
As Turkish scrap import prices keep falling, foreign customers have been refraining from bidding for Russian billet this week, waiting for scrap values to bottom, market participants inform Kallanish.
Billet customers in Egypt are insisting on further discounts, while the substantial exposure of traders to the Egyptian market, amid payment constraints in the country, is limiting opportunities.
In Turkey, some market participants considered billet prices of $520-5…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous