CIS STEEL BILLET: Rising demand from China supports prices

CIS steel billet export prices remained firm on Thursday September 9, supported by surging demand in China, sources told Fastmarkets.

Chinese interest in imported billet increased over the past week, along with indications of workable prices from customers, on the expectation that further domestic production cuts will be imposed in China at the start of next year.

And CIS billet producers were looking to supply that need because prices are comparatively...


Vlada Novokreshchenova

September 09, 2021

14:59 GMT