CIS LONG STEEL: Prices trending upward amid reduced availability

By Vlada Novokreshchenova / January 22, 2018 / www.metalbulletin.com / Article Link

CIS export rebar and wire rod prices continued to climb in the week ended Monday January 22 despite the downbeat mood in the steel billet segment.

This was due to the reduced availability of material, mostly wire rod, in the markets because mills have already sold out their February volumes.Metal Bulletin's weekly price assessment for CIS wire rod exports was $585-590 per tonne fob Black Sea on January 22, compared with the previous range of...

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