A few offers of March-rolling billet from Russia and Ukraine were heard at $430-435 per tonne fob Black Sea, compared with $415-420 per tonne fob last week, supported by strengthening prices for scrap and iron ore.
“We have not offered much March-rolling billet but, for those who ask, we will give $435 per tonne fob Black Sea,” a Ukraine-based producer said.
Another producing source from...
