15
Jun
14:36
GCC billet market stays subdued, outlook optimistic
The Gulf Cooperation Council billet market has a wide range of prices between imported material and local, with an almost $100/tonne price gap between the high and low ends. Imported prices are sliding weekly or even daily, but regional prices are under the pressure of increased iron ore pellet premiums. The current low demand for billets will continue until the end of July, factoring in the upcoming Hajj season overlapping the Eid Al Adha holiday in July…
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Anonymous
Very good overview of the weekly steel market.
Anonymous