27
Sep
16:57
Black Sea billet prices stable, activity slows
Black Sea billet exporters are resisting pressure to reduce prices despite low demand and competitive offers from alternative suppliers in key regions, Kallanish notes.
Since the news of Russia’s partial mobilisation on 21 September created a flurry of light panic in the Black Sea market, Russian billet prices appear to have settled back at $540-550/tonne fob. This is up from almost as low as $500/t fob for mainstream suppliers. There are exception…
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Anonymous
Very good overview of the weekly steel market.
Anonymous