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The Metal Market is sick, Dying Animal...
6 years ago
How billet prices are under scrap prices ???
LME Steel Billet Index is not reflecting the general steel market mood. LME is mainşy for other non ferrous metals but not for steel...
Hope the problem is not so big..
Can anyone verify that? "Have you wondered why the LME steel billet price is floating around under US $300 per metric ton when scrap is $350-400 per ton (depending on destination),"
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