26
Oct
16:51
CIS billet market becalms
The Black Sea billet export market appears to have peaked last week, losing momentum on China's futures' decline throughout last week, and general high levels of sales in the previous three weeks.
Mills are now not actively offering, but preparing December-casting volumes sales, which are expected to be abundant, but not necessarily higher-priced, according to fundamentals.
The removal of the 15% or $115/tonne Russian ferrous export duty from January and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous