23
Dec
15:43
CIS billet market foresees post-holiday rebound
The CIS billet export market continues at a steady pace, with offers for February-load-readiness material at the same $600-610/tonne fob Black Sea as a week ago, and tradeable values at up to $10/t below.
Traders describe the market as lukewarm, mainly due to the forthcoming holiday season delaying purchases. However, the dynamic is upbeat, with a notable recovery of sales and prices expected at the end of January at the latest, based on current fundamentals, they…
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Anonymous
Very good overview of the weekly steel market.
Anonymous