Metal Bulletin’s CIS billet index was $396 per tonne fob Black Sea on Monday June 12, unchanged week-on-week
Purchasing activity was mainly concentrated in the Egyptian market, where demand for long steel products has improved recently.
Last week the country also introduced anti-dumping duties
against imported rebar from Turkey, China and Ukraine, which is expected to result in higher billet imports
Last week several lots of CIS-origin billet from traders were heard booked in...