26
May
16:16
CIS billet falls on China slide
Black Sea billet suppliers have cut offers considerably this week, but they continue to fail to entice buyers. The latter are watching developments in China as an indication of the market's immediate dynamic, but planning is next to impossible, as volatility remains after haunting the market for the past year, market sources tell Kallanish.
From around $700/tonne fob Black Sea with no intention to cut offers further last week, offers from CIS suppliers are now…
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Anonymous
Very good overview of the weekly steel market.
Anonymous