30
Sep
16:50
Black Sea billet consolidates in steady market
The Black Sea billet export market is focussed on sales to China, where Russian, Ukrainian and Turkish producers achieved $705/tonne cfr this week for October- and November-casting volumes.
This was slightly down on end-of-last-week sales at $715/t cfr, but steady demand does not appear to be abating and more sales are expected, when available, in this steady market, traders tell Kallanish.
A Ukrainian producer sold two large lots of billet to China at $705/t cf…
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Anonymous
Very good overview of the weekly steel market.
Anonymous