26
Jan
16:37
Russian billet returns to higher levels, buyers cautious
Black Sea billet prices continue to trace Turkish scrap import dynamic, which has been on the ascending curve of late. After selling considerable tonnages at the previous scrap price peak, sellers are out with offers again, at slightly-elevated-on-previous, levels, even though scrap prices are yet to reach previous peak level, Kallanish observes.
After peaking at $419/tonne cfr for premium HMS 1/2 80:20 in the first half of January, scrap retreated to a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous