15
Dec
16:44
Black Sea billet market aims higher after sales
The Black Sea billet export market has subsided after a week of activity. This was spurred by the elevation in Turkish scrap import prices, successful Turkish rebar price increase and sales, and relatively restricted supply of short lead-timed material, Kallanish observes.
Russian mills' offers at $560-580/tonne cfr Turkey were countered with bids at $550-560/t cfr, resulting in several sales at the higher end of the bid range for January-loading material…
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Anonymous
Very good overview of the weekly steel market.
Anonymous