06
Sep
16:56
Black Sea billet gets stuck in limbo
Black Sea billet prices remain at $600-610/tonne fob as an indication with offers missing from the market so far. Mills finalised their September-casting allocations as late as last week, and are expected to start offering October material not long from now, market participants tell Kallanish.
The market dynamic remains pressured by the ongoing rise in prices and scarcity of available freight vessels, making traders' positions ever more precarious. Shipping de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous