Thursday, June 02,
Steel Billet contract on the London Metal Exchange (LME) have reached the level of $594/MT i.e. up by $ 8/MT from the previous week.
Rise in international scrap prices and improved demand for steel long products in Turkey might have pushed the three month billet contract traded on LME
Cargoes of steel scrap sold in Turkey were at $450-470/MT CFR Turkey i.e. up by $10/MT from $440-460/MT last week
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