25
Feb
16:09
Turkish bar producers suspend offers amid skyrocketing billet
Almost all Turkish merchant bar producers halted offers on Friday following the sharp rise seen in billet prices amid Ukraine’s production cuts.
Turkish mills have started receiving strong demand from North Africa, a major CIS billet export destination, and billet prices have soared following Russia’s invasion of Ukraine last Thursday.
Turkish producers sold significant billet tonnages to traders on Thursday and Friday, destined for North Africa at $7…
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Anonymous
Very good overview of the weekly steel market.
Anonymous