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09 Feb

Russian billet exports register subdued activity

Billet customers in foreign markets have stayed quiet, while weak global demand and the absence of strong positive signals contributed to downward pressure on prices, market participants inform Kallanish. Limited trade, attributed to the holidays in China, along with a softening of scrap prices on-week, have resulted in uncertainty regarding future movements in Russia's billet prices. Despite Russian suppliers maintaining the same prices for March-April-shipme…
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