22
Mar
17:07
Black Sea billet market finds stability amid chaos
Black Sea billet prices appear to have pulled back a little amid scrap price stabilisation and a slight demand softening. Financial sanctions are curbing Russian sales almost entirely, and a stalwart price rise over the last three weeks is slowing down, as buyers and traders face increasing financial pressure, market sources tell Kallanish.
Turkish billet prices have declined by around $30/tonne on-week, from $940/t ex-works and $919-920/t fob Turkey early last we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous