December 9, 2019
Executive Summary
USA
1. (From December 5). MW spot premium plummets to 12.05–13.05 cent/lb
2. (From December 4). US billet imports spike to a record amid worsening world oversupply; spot premiums as low as… cent/lb.
EUROPE
3. (From December 3). European Tier 1 supplier Q1 2020 billet premium falls below… per mton. Italian spot premiums fall to… per mton.
More details in full report.