20
Jul
17:08
CIS billet market in lull, some offers rise
The CIS billet export market has descended into a lull as some suppliers increased their offers, encouraged by China's rising appetite for imported billet. The majority of buyers remained on the sidelines amid the ongoing Islamic holidays, Kallanish notes.
Offer indications were heard at $660-670/tonne fob Black Sea from Ukrainian suppliers. Some Russian indications were lower, at $650-660/t fob levels, but they were still too high for what those buyers in nee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous