20
Aug
07:51
Logistics hurdles drive Russian steel away from exports
Russian medium-sized mills are reported reluctant to export billet amid current prices from China and Asia, which were heard at $465/tonne cfr, booked in Turkey, market participants inform Kallanish.
Turkish sources indicate firm negotiations are taking place for about 15,000 tonnes of billet from the Donbas region at $485/t cfr Turkey, translating to around $465-470/t fob Black Sea. Russian merchant billet exporter OEMK was reportedly aiming for $480/t fob or sli…
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Anonymous
Very good overview of the weekly steel market.
Anonymous