Fastmarkets’ daily steel billet index, export, fob Black Sea, CIS
, was $390 per tonne fob Black Sea on Friday November 29, against $384 per tonne on Monday.
Offers of CIS-origin billet were scarce
because mills’ allocations for December rolling were taken up amid successful sales in previous weeks, which meant there was a lack of demand in the traditional outlets of North Africa and Turkey during the week.
A few offers from...