The CIS billet export market remains relatively lively, with more sales concluded to Egypt, while Turkey’s import market remains on hold due to sufficient domestic supply and slow long products sales, traders tell Kallanish.
Egyptian demand is described as still good, with concluded prices this week at around $670-675/tonne cfr Egypt, netting back to around $625-635/t fob Black Sea, depending on grade and tonnage. There are expected to be more sales int…
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