12
Dec
16:04
Russian billet suppliers anticipate hike amid limited availability
Suppliers of Russian billet foresee a potential price increase, citing limited availability of material for January and February shipments. Foreign buyers are however cautious over the quiet Turkish scrap import market since the start of the week, Kallanish notes.
A supplier-side source says that considering the limited availability of billet for January shipment, $540/tonne cfr Turkey could be achievable for billet next week. Traders voiced the $530-540/t cfr ran…
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Anonymous
Very good overview of the weekly steel market.
Anonymous