Fastmarkets’ daily steel billet index, export, fob Black Sea, CIS
increased to $483 per tonne on Monday from $475 per tonne on Friday.
The index was based on deals, offers and achievable prices heard in the market.
CIS producers were said to be largely sold out for January shipment, sources told Fastmarkets, and were not in a hurry to sell volumes for February shipment.
Billet offers were heard at $500-510 per tonne...