CIS billet export prices firm on tight offer volumes

CIS billet export prices have remained unchanged from the end of last week, supported by the reduced availability of the material and improved fundamentals in the scrap segment.

This was despite price volatility seen in the Chinese steel market in recent weeks.
Meanwhile, more CIS billet deals have been heard at the new price heights achieved late last week.
Several billet cargoes were reported sold to Turkey late last week and early this week.

In Marmara and Izmir, the material changed hands...

Published

Vlada Novokreshchenova

May 11, 2017

10:55 GMT

Dnepr