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15 Feb
17:19

Black Sea billet market remains bullish, demand returns

Black Sea billet trade has paused in the wake of the devastating earthquake in Turkey on 6 February, but the price dynamic appears to remain rather bullish, market participants tell Kallanish. Turkish authorities continue to hasten the recovery of services and, with no aftershocks for almost ten days now, are already talking about reconstruction and rebuilding. Turkish President Recep Erdogan's announcement of the 4 million tonnes of domestic rebar planned for…
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