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07 Jan
17:13

Views diverge on post-holiday CIS billet dynamic

The CIS billet export market remained in limbo amid the Orthodox Christmas holidays, but sellers are expected to start offering this week. Expectations are largely circling pre-holiday $600-610/tonne fob Black Sea levels, with diverging views on final booking levels for February-casting material, Kallanish learns from market participants.  Traders cite rising scrap and finished long products prices in major importing regions, except for the Middle East. China…
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