CIS STEEL BILLET: Market quiet, but optimism begins to show

October 27, 2018 / www.metalbulletin.com / Article Link

The CIS export billet market was largely quiet in the week ended Friday October 26 on reduced availability of material. Some mills have almost sold out their November allocations, while others preferred to wait and assess the development of the market.

"We [stepped aside from] the market to wait for better times," a Ukraine-based producer told Fastmarkets.Some market participants, however, noted that the market was beginning to show signs of optimism this week on a continuing increase in imported...

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