02
Jun
15:12
BIR sees falling billet prices undermining scrap market
The massive deterioration in billet prices in recent weeks was highlighted to Kallanish by delegates on the sidelines of the Bureau of International Recycling’s (BIR) World Recycling Convention in Berlin.
Turkey and other buyers in March/April had stopped buying billet as input material for rebar production, thus giving leeway for an increase in scrap trading on the deep sea market and rising scrap prices. But then in May the market saw the price for bille…
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Anonymous
Very good overview of the weekly steel market.
Anonymous