Offers of billet from Ukrainian and Russian mills were mainly heard within the range of $400-405 per tonne fob Black Sea at the beginning of this week, against $395-400 per tonne fob late last week.
Meanwhile, offers of position cargoes from traders were reported at $390-400 per tonne fob Black Sea.
“It seems like the market is not as firm as sellers make it look,” one trader said.
“These are just numbers. Nobody can buy...