09
Jun
12:48
MENA billet market quiet, prices remain depressed
The MENA billet market is quiet due to subdued rebar and billet demand in the domestic and export markets; hence, rebar re-rollers have high unsold rebar and billet stocks. Imported billets from Iran and Russia maintain their competitive position with their low price tags, and ex-Russia, nearly 50,000 tonnes of billet sales have been committed to Egypt, Kallanish learns.
In the United Arab Emirates, the rebar market pulse is extremely low, and merchant billet prod…
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Anonymous
Very good overview of the weekly steel market.
Anonymous