Ukrainian billet producers slash prices by $50

Ukrainian billet export prices have continued to slide for March production, in line with plummeting demand for rebar and wire rod

Billet producers have been struggling to secure bookings from buyers who have limited interest in CIS billet due to weak or non-existent demand from the construction sector for finished products. Ukrainian producers have slashed export prices by $50 per tonne to $310-320 per tonne fob for March production, down from the previous price of $350-360...

Published

Stacy Irish

March 02, 2009

11:34 GMT

London