CIS STEEL BILLET: Market strengthens as customers accept higher prices

CIS export billet prices continued climbing in the week to Monday November 27 as sellers managed to push through an increase and conclude several deals at higher prices.

Metal Bulletin’s CIS Billet Index was up $4 per tonne week-on-week, to $466 per tonne fob Black Sea on Monday. Early last week, several cargoes of Ukrainian billet were booked in Turkey and Egypt at $470-475 per tonne cfr, or $450-455 per tonne fob Black Sea. One seller, which was said...

Published

Vlada Novokreshchenova

November 27, 2017

14:54 GMT

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