02
May
15:03
Russian billet reappears in the Philippines
Russian billet is once again being offered in the Philippines, Kallanish notes. It had earlier made a hasty exit from the market after economic sanctions were imposed on Russian material.
Russian 5sp grade 125mm billet was offered last week at $535/tonne cfr Manila, trading and importing sources said on Tuesday. “But there was no interest,” adds a trader who heard of the offer. However, Russian 3sp billet is widely heard to have been concluded las…
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Anonymous
Very good overview of the weekly steel market.
Anonymous