CIS STEEL BILLET: Splash of demand in Saudi; other markets quiet

Billet exporters in the Commonwealth of Independent States saw a splash of demand from Saudi Arabia this week, with several cargoes heard booked, while most other markets remained quiet, market participants said.

Two cargoes of billet with increased manganese content, each around 50,000 tonnes and scheduled for shipment in February, were sold to Saudi Arabia at the end of last week within the range of $440-445 per tonne cfr,...


Vlada Novokreshchenova

December 23, 2019

17:15 GMT