19
May
15:03
Russian billet exports face low demand
Russian billet export deal activity was sluggish last week due to low interest from foreign customers, market participants inform Kallanish.
Russian billet exporters had a price idea of approximately $530/tonne fob Black Sea but struggled to find buyers at this level.
Turkish buyers, the main purchasers of Russian billet, are expected to return to the market only after the second round of the presidential election on 28 May.
Turkish steelmaker Kardemir did not …
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Anonymous
Very good overview of the weekly steel market.
Anonymous