Billet price ideas in the EU

Friday, 28 May 2004 12:02:39 (GMT+3)   |  
       

Billet price ideas in the EU

Market sources report to SteelOrbis that with the downward movement of the market, prices are expected to drop further towards June, almost going down to levels of $320-300/mt FOB from the current $330/mt FOB levels, particularly from Turkey into the EU. In line with such trend Ukrainian producers also appear to be ready to book at $315-320/mt FOB Black Sea port levels.

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