CIS export billet market mainly quiet but demand expected in North Africa

The export market for CIS-origin steel billet was largely quiet in the week to Thursday December 2 because customers in the usual outlet destinations have stepped back to assess the current market.

Some demand was expected from North Africa, however, with negotiations reported with possible customers in Morocco, Tunisia and Libya.

In Morocco particularly, negotiations were heard at prices around $615 per tonne fob Black Sea for basic-grade material, according to the market sources. Prices to Tunisia...


Vlada Novokreshchenova

December 02, 2021

16:23 GMT