18
Nov
16:23
CIS billet adrift despite Egyptian duty removal
The Black Sea billet export market remains quiet, despite the Egyptian import duty removal feeding hopes of a revival. With a large portion of December-loading material sold to China and now looking for new buyers, very little new-production material is being offered. Producers continue to seek new buyers for these cargoes, including Egypt, Kallanish learns from market participants.
Apart from China-destined billet for December loading, CIS mills still have Januar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous