31
Aug
17:09
Black Sea billet market expects growth
The Black Sea billet export market is anticipating new deals after weeks of relative stagnation. Amid growing long product mills' output cuts in Europe, expectations are rising for increased imports of Turkish-origin material, and the possibility of subsequent higher demand for Russian billet in Turkey.
But European demand, stoked by mill closures on ever-rising power costs pushing production costs higher (see Kallanish passim), can also be satisfied by now ab…
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Anonymous
Very good overview of the weekly steel market.
Anonymous