15
Feb
16:21
CIS billet offers creep up, sales stall
The CIS billet export market has not achieved any significant gains in the past week, despite traders' ongoing efforts to support the uptrend. Purchases were scarce, pressured by rising scrap indications that pushed up concluded prices in Turkey. The possibility of ongoing billet price growth is however being stifled by lagging demand and subdued finished long product prices, market participants tell Kallanish.
The Turkish scrap buying spree of the past ten da…
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Anonymous
Very good overview of the weekly steel market.
Anonymous