21
Sep
17:05
CIS billet exports stabilise on China demand
The Black Sea billet has becalmed following several sales of large lots by CIS integrated mills to China, selling out of October-casting volumes.
But traders expect more volumes will be offered and sold, as China's drive to stock up on billet continues. There is concern, however, over how the world's largest real estate investor Evergrande's expected interest rate payment failure will affect the futures market, market participants tell Kalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous