Posted on 09 Aug 2007
Traders have remarked on the good signs in the recovery for market of billets as summer holidays are approaching the end. It is expected that a bullish trend will take place in the next couple of months at least. Traders also noted that the price of commercial grade billet from CIS mills could rise by 15-20 USD per tonne within August ifself. This is in tandem with recent increase of scrap prices in
