CIS STEEL BILLET: Sales to Algeria drive renewed trading activity

Trading activity in the CIS export billet market enlivened toward the end of March amid renewed demand from North Africa, and Algeria in particular.

An Algerian long steel producer booked two lots of Russian billet, each of 20,000 tonnes, scheduled for shipment in April at $492 per tonne cfr. The deals were not included in the calculation of Fastmarkets’ CIS export...


Vlada Novokreshchenova

March 26, 2019

16:30 GMT