07
Jun
16:58
Russian billet recovers slightly on firm Turkish scrap
Russian billet prices have rebounded slightly on firm scrap import values in Turkey, sources inform Kallanish.
The limited availability of imported billet amid firm imported scrap values in Turkey allowed Russian producers to maintain their export prices.
Russian steelmakers have alternatives to selling to Turkey, such as supplying finished steel to the domestic and CIS markets or carrying out summer maintenance.
Turkish customers refrained from making purchases…
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Anonymous
Very good overview of the weekly steel market.
Anonymous