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25 Aug
17:02

CIS billet prices flat, freight weighs

Black Sea billet exporters have decreased their offers to around $610-630/tonne fob Black Sea in the past week. Active demand is coming only from Latin America and high freight rates to the region are forcing suppliers to reduce prices.  A Ukrainian producer sold a large, around 30,000-tonne lot to the region at around $610/t fob base in the past week. More demand is coming from the region, for at least 50,000t, market participants tell Kallanish, as Tur…
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