17
May
17:11
Black Sea billet market digests correction
The Black Sea billet export market has gone quiet after China’s billet import market corrected down last week on the back of the steel futures downturn amid government efforts to curb speculative price rises. A sale widely reported made last week to China eventually did not take place.
China's appetite for billet imports has not disappeared, sources tell Kallanish, but offers from all destinations are up to $60/tonne down, with bids down to aro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous