29
Mar
17:02
Russian billet softens further on lower scrap prices
Russian billet prices are continuing to decline due to lower import scrap prices in Turkey, leading to hesitation among Turkish buyers in voicing their bids amid low demand for long steel exports, sources tell Kallanish.
A Russian billet supplier based in Turkey says he has been unable to receive bids from Turkish billet buyers this week, as most buyers are cautious and waiting to see where scrap prices land.
He suggests customers in Turkey are trying t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous