Demand in Egypt drives CIS export billet prices, more rises expected

Steel billet prices from the Commonwealth of Independent States (CIS) region continued to grow in the week to Friday January 21 owing to demand coming from the Egyptian market.

A 15,000-tonne standard grade cargo was reported sold to the country at $675 cfr in the middle of the week, equivalent to $635 per tonne fob Black Sea.



Vlada Novokreshchenova

January 21, 2022

17:40 GMT