05
Apr
14:40
GCC billet tags slide on regional, global sentiment
Gulf Cooperation Council billet prices are sliding on low rebar demand in the bloc and softening semi-finished steel prices in the Far East, Turkiye and Russia, Kallanish learns.
"Prices are coming down everywhere. Today, a Turkish major opened domestic billet sales with a decrease of $40/tonne versus 22 March to $630-635/tonne ex-works, Russian billet offers softened to $560-570/t fob Black Sea ports and an Indonesian mill's new target pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous