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11 Jun
16:00

Russian billet export market pauses amid holidays

Russian billet supply continues to be limited, market participants inform Kallanish.  Given the holiday in Russia on Wednesday and the decision by many to bridge the holiday for the remainder of the week, along with Turkey’s Eid holidays on 17-19 June, some market participants are opting to wait, hoping for a market recovery. In Turkey, one of Russia's largest billet markets, buyers are waiting for Turkey's benchmark mill, Kardemir, to announce…
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