19
Apr
17:05
Steady CIS billet market firms further
The price of billet in the Black Sea export market remained stable in the past week after reaching $600/tonne fob just over a week ago, Kallanish notes. Participants describe the market as stable and well balanced on supply and demand, with mills selling June casting volumes at a considerable pace.
China's initial demand has pegged CIS billet prices at the $600/t fob level with some sales, lending support for consolidation at this level, but active deman…
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Anonymous
Very good overview of the weekly steel market.
Anonymous