CIS STEEL BILLET: Prices keep sliding amid weak trading, scrap pressure

The downward price trend in the CIS export billet market continued early this week amid sluggish trading activity and pressure from the import scrap market in Turkey.

Metal Bulletin’s CIS billet export index was $509 per tonne fob Black Sea on Tuesday May 29, down by $6 per tonne from $515 per tonne fob Black Sea on May 25.

The CIS billet export index was...

Published

Vlada Novokreshchenova

May 29, 2018

18:20 GMT

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