05
May
16:03
Black Sea billet price rise continues
Black Sea billet export prices have reached new highs in the past week, but the growth is unlikely to stop here. With CIS sellers enjoying their traditional early May break and China ending its holiday on Wednesday, activity, although slightly down now, is expected to pick up, driven by vast swathes of existing and forecasted seasonal demand.
Only Turkish billet is currently loosely offered in the Black Sea, following a series of domestic sales late…
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Anonymous
Very good overview of the weekly steel market.
Anonymous