Russian billet, wire rod prices rise on costlier scrap; customers cautious

Export billet and wire rod prices from Russia continued to rise in early December, supported by the ongoing strengthening of international scrap prices.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $407.27 per tonne on Monday December 4, up by $9.85 per tonne...

Published

Vlada Novokreshchenova

December 05, 2023

17:26 GMT

Dnipro, Ukraine