New import billet deals in China and local prices rise, but for how long?
A sizable volume of imported billet has been traded to China this week after the price decline seen since late December.
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Monthly Archives: January 2022
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CIS-based billet exporters expect improved demand, target above $600/mt FOB
The CIS billet export market has been quiet due to the New Year and Christmas holidays this week and trading activity is expected to increase.
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Jan
Iron ore prices up sharply amid higher buying activity for after Chinese New Year holiday
Import iron ore prices in China have moved up sharply on Thursday, January 6, and are also higher week on week.
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Jan
Second ex-US scrap deal at increased price in Turkey
Following the transaction shared by SteelOrbis earlier today, another ex-US scrap booking has been disclosed to the market at higher price levels.
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Jan
Billet sellers in Turkish market cautiously optimistic
The billet market in Turkey has been waiting to see a clearer price trend amid the somewhat ambivalent expectations voiced by different sources.
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Jan
Turkish domestic rebar spot prices increase in local currency
Today, January 6, Turkish domestic rebar spot prices have risen by TRY 250-300/mt, with minor changes on US dollar basis.
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