CIS STEEL BILLET: Optimism grows as June order book fills, scrap price rises

May 21, 2019 / www.metalbulletin.com / Article Link

The mood in the CIS export billet market turned positive at the start of the week that began on Monday May 20, with most producers having almost filled their June order books in recent weeks.

Import scrap prices in Turkey rebounded at the end of last week, supported by a reduction in the duty imposed on imports of Turkish steel into the United States to 25% from 50%.Although CIS...

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