CIS STEEL BILLET: Offers keep rising on reduced availability

CIS billet producers continued to increase their export offer prices, this week, amid reduced availability of the material in the market.

Offers from Ukraine were limited because three mills- Dneprovskiy Dzerzhinsky Metallurgical Plant (DMKD), Dnipro Metallurgical Plant (DMP) and Elektrostal have idled parts of their facilities because of this year's unfavorable pricing environment. Ukrainian billet was only available from Arcelor Mittal Kryvyi Rih (AMKR), which raised its offer price to $370 per tonne fob on Wednesday October 23 from  $365 per...

Published

Vlada Novokreshchenova

October 23, 2019

18:58 GMT

Dnepr