16
Feb
15:45
Russian billet remains silent amid weak demand
The Russian billet market remained quiet amid weak demand in foreign markets, with activity lacking amid softening scrap prices in Turkey and uncertainty regarding price direction after the Lunar New Year holidays, market participants inform Kallanish.
The rouble experienced devaluation throughout the week, reaching RUB 92.2384 per dollar on Friday, compared to RUB 90.98 the previous week, as market participants anticipated an unchanged key Russian interest rate.
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Anonymous
Very good overview of the weekly steel market.
Anonymous