17
Jun
15:46
CIS billet prices crawl upwards
CIS billet prices continue to drift upwards in a quiet market, and traders' opinions on market direction differ greatly.
In what all traders describe as a fundamentally tense market, firm scrap and long product sentiment in Europe and parts of the Mediterranean is supporting Black Sea billet prices at around $660-670/tonne fob Black Sea. However, business is limited to a few large traders and mills directly, and does not yet have the volumes to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous