12
Mar
14:28
Subdued activity persists in Russian billet export market
The Russian billet export market continued to experience subdued activity due to weak demand in foreign markets. This was amid negative sentiment and a significant disparity between the price expectations of customers and exporters.
Hopes for stabilising Turkish scrap import prices were short-lived last week due to a drop in export prices in China, exerting pressure on scrap and billet prices as a consequence. But limited export billet allocation, coupled with the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous