CIS STEEL BILLET: Prices soften with no market support

CIS export billet prices softened somewhat on Thursday August 9 with a lack of supporting factors in the market, Metal Bulletin has heard.

Metal Bulletin assessed the CIS billet export index at $497 per tonne fob Black Sea on Thursday, down by $2 per tonne day on day. Offers of billet in the Black Sea basin were mostly within the range of $500-505 per tonne fob on Thursday. Some suppliers, however, indicated offers as high as $510 per tonne fob Black Sea. But these prices were considered too high by customers, which blamed falling...

Published

Vlada Novokreshchenova

August 09, 2018

17:20 GMT

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