10
Feb
14:30
MENA billet prices rise daily
In the Middle East, domestic and imported billet prices are increasing relentlessly. Traders are revising import offers daily and domestic billet producers are following suit, Kallanish notes.
In United Arab Emirates on Thursday, initial quotes for local induction furnace route 150mm 3sp grade billet were prevailing at $660-670/tonne ex-works; however, there is shortage of material. Last week, a small parcel of nearly 10,000t was booked at $640-645/t ex-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous