05
Apr
17:28
Black Sea billet softens as supply remains high
The Black Sea billet market has softened in the past week following a surge in sales in the first half of March and the subsequent stabilisation in the second half. Turkish and Russian mills remain in the market, but the latter is finding it difficult to shift volumes amid continued complications in financing and shipping caused by Western sanctions.
Turkish billet prices have softened a little on-week, as the country has entered into Ramadan, having completed lar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous