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U.S. billet prices continue to fall

The US billet market remains very weak, with just a few isolated deals concluded.
Current billet price reached US$441~468/ton , down by US$28/ton compared with last month.

As for global market, because of steel products" weak demand in the EU and CIS, billet"s prices fell by about US$80/ ton.

CIS billet price currently is being prevailing at US$320~330/ton while Turkey"s billet price is US$360~370/ton. Source: Yieh.com
Mar 4, 2009 12:32
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