CIS STEEL BILLET: Prices climb despite limited buying activity

Offers for steel billet from the Commonwealth of Independent States remained high this week despite buying activity only really being seen in Turkey, sources told Fastmarkets on Thursday December 24.

Billet offers from major Russian and Ukrainian suppliers were heard at $600-605 per tonne fob Black Sea on Thursday, up from $580-600 per tonne fob on Monday December 21.
One electric-arc furnace (EAF) steelmaker from Russia was said to be seeking even higher prices - $670 per tonne fob, several source said.

Most producers still have February 2021-shipment billet...

Published

Julia Bolotova

December 24, 2020

16:43 GMT

Dnipro