CIS STEEL BILLET: Prices slide further on latest booking

September 03, 2019 / www.metalbulletin.com / Article Link

The CIS steel export billet market continued to weaken on the first trading day in September, amid a pessimistic mood in the global scrap market and limited demand in the major sales outlets.

Given these conditions, a fresh booking was heard on Monday September 2 only after a significant price discount was provided by the selling mill.A 30,000-tonne cargo of Russia-origin material...

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