But trading activity was limited, even though some customers accepted the higher prices.
Fastmarkets’ steel billet index, export, fob Black Sea, CIS
, was $404 per tonne on August 7, up by $5 per tonne day on day.
Recent offers of CIS-origin billet were heard at $410 per tonne fob, against $400-405 per tonne earlier in the week, because of increased scrap costs.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $277.73 per tonne on Friday, up by...