CIS STEEL BILLET: Buyers shun higher export offers

Exporters of steel billet from the Commonwealth of Independent States (CIS) are facing stiff resistance from buyers reluctant accept their higher offer prices, sources told Fastmarkets on Tuesday January 12.

Official offers for March shipment billet have been reported as high as $625 per tonne fob Black Sea.

But bids from Turkey, a key export outlet for CIS billet, have been heard at $600-615 per tonne...


Maria Tanatar

January 12, 2021

18:59 GMT