02
Jul
16:59
CIS billet market stands at crossroads
CIS billet exporters have closed July allocations with a series of sales, which went as low as $620/tonne fob Black Sea towards the end of last week. The planned export duty implementation on 1 August has not yet boosted Black Sea billet prices, as was expected by traders, but the rebound may happen soon, market sources tell Kallanish.
Prices were declining gradually over the course of last week, starting with sales at $640/t fob Black Sea for Russian billet, and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous