11
Nov
16:29
Black Sea billet market slides on uncertainty
The Black Sea billet export market is adrift as the majority of buyers remain on the fence and sellers reject rare, lower-than-offer bids. Market participants talking to Kallanish note the descending dynamic, with bids declining consecutively with offers, as changing fundamentals continue to affect downward pressure in the market.
But suppliers are adjusting their offers sparingly, with some increasing them, according to the material on offer. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous