CIS STEEL BILLET: Market quiet during holiday period

The export steel billet market in the Commonwealth of Independent States fell quiet on Thursday December 31 amid a pre-holiday lull in the region and in consumer markets, sources told Fastmarkets.

Although some major CIS mills were reported to still have February-shipment tonnages, the mills were not in a hurry to sell them, anticipating further price increases in January, several sources told Fastmarkets.
Consequently, offers were scarce in the market.

One Russian producer was reported...


Julia Bolotova

December 31, 2020

16:06 GMT