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03 Feb
16:04

Black Sea billet trade halts, Far East steady

The Black Sea billet price dynamic remained on the ascending curve in the past few days. It had been tracing Turkish scrap prices, which continued to rise until the devastation of Monday’s earthquake paralysed markets. With southern Turkish ports either damaged or employed for aid deliveries only, there is disruption to deliveries of booked material, while land transportation is also extremely difficult due to destroyed roads, and lack of trucks, a…
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