CIS STEEL BILLET: Exporters suffer from ‘non-active’ market

CIS steel billet export prices fell this week after a lack of trading activity, caused by the summer lull in most key destinations, combined with a general downtrend in scrap values, sources told Fastmarkets on Tuesday August 13.

Some CIS mills were offering billet at about $410 per tonne fob Black Sea on Tuesday, but other producers preferred to take wait-and-see position before announcing offers for September-rolled material, sources said.


Vlada Novokreshchenova

August 13, 2019

17:19 GMT