12
Apr
13:19
Saudi billet producers advance maintenance shutdowns
Saudi merchant billet producers have significantly lowered their production after domestic April-rolling prices reduced sharply and international billet values started to come down at the beginning of this month.
Billet suppliers have advanced their maintenance shutdowns to April after losing their competitiveness when billet tags slid in neighbouring countries, Kallanish observes.
Saudi long steel producers have been struggling due to low rebar qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous